460 E Sheridan Ave - Hospitality FOR SALE


Williams, AZ 86046
$2,300,000 USD
650-241-8108
460 E Sheridan Ave, Williams, AZ for Sale
$2,300,000 USD
Hospitality - FOR SALE
1/13
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460 E Sheridan Ave
Williams, AZ 86046


HIGHLIGHTS

  • Turnkey Offering Near Grand Canyon National Park
  • 8 Guest Rooms on 1.5 Beautifully Manicured Acres
  • 2 Bedroom Owner’s Quarters with Private Patio

OVERVIEW

The Sheridan House Inn is a luxurious Select Registry© lodging property located within 5 blocks of historic downtown Williams, Arizona. The Inn offers new owners the opportunity to take the reins of a thriving year-round business located in a high traffic tourist destination within one hour of the Grand Canyon, 30 minutes of Flagstaff, 2.5 hours of Phoenix, 1 hour of Sedona and 3.5 hours of Las Vegas, NV. The town of Williams is located in the mountains at 7,000 feet and showcases 4 distinct Southwest seasons. The major draw to the area is Grand Canyon National Park with over 4,700,000 visitors in 2022 and less than one hour to the North by car or the Grand Canyon Railway. The owners have done a phenomenal job setting the inn apart as an expert local concierge with recommendations for attractions and area day trips. The Sheridan House Inn is located in a prime tourism destination, less than a minute to historic downtown Williams which offers visitors a number of other lodging opportunities and chain hotels amidst a bustling western themed downtown with ample dining and shopping opportunities. The Williams area is an oasis of pine trees and mountains at over 7,000 feet and not what typical visitors to the area expect. Sheridan House Inn is uniquely positioned in the luxury and romance markets with guests averaging $131 in upsell revenue per reservation and offering an unmatched level of service as a seasonal escape from the major desert cities of Las Vegas and Phoenix. The area offers residents an average of 266 days of sunshine per year with average temperatures 30 degrees cooler than Phoenix The Inn has consistently been one of the Top 10 ranked Arizona B&B's on TripAdvisor® with an outstanding reputation and chosen as a Traveler’s Choice, ranked in the Top 10% of all hotels. The property is a Fodor’s Recommended Hotel and has been featured in OnlyInYourState, SO Scottsdale, The UK Sunday Times and Arizona Highways. The property has a proven track record of increasing revenue and profitability and is well-appointed and extensively renovated as an appealing turnkey business. Contact us today to discover more about this unique opportunity!

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$396 USD /SF

# OF ROOMS

8

PRICE/ROOM

$287,500 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Sheridan House Inn

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

Hotel

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1988

PARKING SPACES

8

LAND DETAILS

LAND ACRES

1.56 AC

LAND SF

67,954 SF

ZONING

Residential with Variance

APN/PARCEL ID

201-13-002D

ASK ABOUT THIS PROPERTY

Chris KellyWhite Stone BrokersMore Info
650-241-8108

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Chris KellyWhite Stone BrokersMore Info
650-241-8108

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.