9440 AZ-89A - Hospitality FOR SALE


Sedona, AZ 86336
$10,950,000 USD
480-694-2320
9440 AZ-89A, Sedona, AZ for Sale
$10,950,000 USD
Hospitality - FOR SALE
1/23
null | Request Cap Rate

9440 AZ-89A
Sedona, AZ 86336


HIGHLIGHTS

  • Rare Oak Creek Canyon Resort — 23 furnished cabins within a private forested setting
  • Wedding & Event Destination — Ceremony lawn, gazebo, Rosewood Hall and dedicated event spaces
  • Legacy Real Estate Opportunity — Substantial private acreage with exceptional privacy and sense of place
  • Extensive Resort Infrastructure — Significant recent capital improvements and upgraded utility systems
  • Expansion Potential — County approvals in place for nine additional guest units
  • Assemblage Opportunity - May be acquired with adjoining Basecamp café, market, tour and creekside property

OVERVIEW

Hoel Reserve is a rare Oak Creek Canyon hospitality, event and legacy real estate opportunity combining 23 furnished guest cabins, extensive resort infrastructure, wedding and event facilities, substantial private acreage and a dramatic forested setting along scenic State Route 89A. Hoel Reserve derives value not only from current hospitality operations, but also from its underlying real estate, extensive infrastructure, event platform, privacy, setting and future potential. The property is currently being offered as a stand-alone resort and event-venue parcel through a proposed land division from the adjoining Oak Creek Canyon Basecamp café, market, commercial kitchen, tour operation and creekside parcel. A purchaser may also explore acquisition of the adjoining Basecamp property to retain the broader 27+ acre hospitality, commercial and creekside assemblage under common ownership. The proposed Hoel Reserve parcel is currently estimated at approximately 14.35 acres based upon the preliminary division concept. Final acreage, boundaries and legal description will be established by survey and approved land-division documents. The offering is intended to include 23 individually configured guest cabins; the central ceremony lawn and gazebo; Rosewood Hall; dedicated bridal and groom cottages; laundry, garage and support buildings; rustic storage/photo structures; event inventory; and associated hospitality improvements located within the final parcel configuration. Hoel Reserve is not a conventional limited-service hotel. The cabins are distributed throughout a mature forested canyon setting, creating privacy, individuality and an immersive guest experience. The property also benefits from extensive infrastructure and significant recent capital investment, positioning the next owner to build upon the operating platform already in place rather than beginning with an undeveloped or deferred-maintenance asset. Wedding and event operations provide an additional revenue component beyond lodging. The property includes ceremony and reception areas, dedicated event-support spaces and infrastructure capable of supporting private events, group buyouts, retreats and destination gatherings. County approvals and permits are in place for nine additional guest units. Buyer shall independently verify the status, conditions, timelines, transferability and remaining requirements associated with all approvals and permits. Under the contemplated parcel configuration, the existing rear drive serving Cabins 21–23 and Rosewood Hall is intended to become the primary access point for the resort and event-venue parcel, providing independent circulation from the adjoining Basecamp property. Final entrance location, legal access, easements, parking, signage, utility arrangements, shared systems and included improvements remain subject to survey, governmental approval and final documentation. The adjoining Basecamp café, boutique market, commercial kitchen trailer, tour operation and creekside property are excluded from this offering unless otherwise agreed in writing. Qualified purchasers interested in retaining the complete Hoel Reserve/Basecamp assemblage are encouraged to inquire regarding the combined opportunity. Showings are available by appointment only. Please do not enter the property or disturb guests, employees or ongoing operations without prior authorization from the listing broker. The seller requests that qualified prospective purchasers visit the property before detailed operating financials are released. Hoel Reserve derives value not only from current hospitality operations, but also from its underlying real estate, extensive infrastructure, event platform, privacy, setting and future potential. Proof of funds or lender qualification may be required prior to release of detailed financial information. Seller financing may be considered for qualified buyers. Full due-diligence materials will be made available in connection with an accepted contract. Business assets, furnishings, equipment, event inventory, intellectual property, reservations, licenses and permits are included only as expressly identified in a definitive purchase agreement. Buyer shall independently verify all facts and figures, including acreage, parcel boundaries, building areas, zoning, permitted uses, approvals, licenses, utilities, access, parking, easements, financial performance and all matters material to buyer’s intended use.

FOR SALE DETAILS

PRICE

$10,950,000 USD

PRICE/SF

$660 USD /SF

# OF ROOMS

23

PRICE/ROOM

$476,087 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hoel Reserve | Cabin Hotel & Event Venue

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

undefined, undefined

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1940

PARKING SPACES

65

LAND DETAILS

LAND ACRES

14.5 AC

LAND SF

631,620 SF

ZONING

RC

APN/PARCEL ID

405-17-001H

ASK ABOUT THIS PROPERTY

Denise PiasBlackbird BrokeryMore Info
480-694-2320

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Denise PiasBlackbird BrokeryMore Info
480-694-2320

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