602-819-0894
5152 W Latham St, Phoenix, AZ for Sale
Hospitality - FOR SALE
1/5
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5152 W Latham St
Phoenix, AZ 85043
Estrella


HIGHLIGHTS

  • Stable base business with value-add upside
  • Opportunity in a high-growth, supply-constrained market
  • Convenient location
  • Offered well below replacement cost
  • Fee simple, unencumbered by management

OVERVIEW

Cushman & Wake?eld has been exclusively retained to offer for sale the fee-simple interest in the 122-room Comfort Inn I-10 West @ 51st Avenue Phoenix (the “Hotel” or “Property”). The Property is located just east of the con?uence of the I-10 and Loop 202 expansion, providing great visibility and access in the thriving high-barrier Phoenix market. The recent expansion of Loop 202 has signi?cantly enhanced regional connectivity, with more than 100,000 vehicles traveling the corridor daily. This infrastructure investment has catalyzed substantial economic development throughout the West Phoenix submarket, attracting new businesses, retail centers, and industrial hubs in close proximity to the Hotel. Located approximately ten minutes from Downtown Phoenix, the Property bene?ts from proximity to many of the region’s largest demand generators, including Phoenix Sky Harbor International Airport, Phoenix Raceway, Talking Stick Resort Amphitheatre, State Farm Stadium, Footprint Center, and Chase Field. The Hotel is also located near several major educational institutions, including Grand Canyon University, Universal Technical Institute, Arizona State University Downtown Phoenix Campus, and the University of Arizona College of Medicine – Phoenix. Originally developed as a Hampton Inn, the Hotel offers investors a compelling opportunity to acquire a well-built interior-corridor asset at a signi?cant discount to replacement cost. With an established base of business and meaningful operational upside, the Property presents a strong value-add investment opportunity in the rapidly expanding West Phoenix submarket.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

122

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Comfort Inn I 10 West @ 51st Avenue

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1997

PARKING SPACES

125

LAND DETAILS

LAND ACRES

3.46 AC

LAND SF

150,761 SF

ZONING

A-1, Phoenix

APN/PARCEL ID

103-30-293A

ASK ABOUT THIS PROPERTY

Alyson MurneyCushman & WakefieldMore Info
602-819-0894

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Alyson MurneyCushman & WakefieldMore Info
602-819-0894

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