List Search

1989 Navajo Blvd
Holbrook, AZ 86025

$3,300,000 USD

Hotel For Sale  •  26,680 SF

Property Details

  • Property Type Hotel
  • Total Building Size 26,680 SF
  • Lot Size 1.42 AC
  • Building Class C
  • Year Built 1989
  • Cap Rate 12.12 %
  • Tenancy Single
  • Zoning MUNICIPAL
0 Transit Score
32 Walk Score

Highlights

Value-add Super 8 hotel with 74 keys and ±26,680 SF in Holbrook, AZ.
On-site two-bedroom manager’s apartment for owner-operator upside.
High visibility on Route 66 with 25,000+ vehicles per day traffic counts.
Proximity to Petrified Forest National Park with 800,000 annual visitors.
Major renewable energy projects nearby drive multi-year workforce demand.
List price $3,300,000, pro forma NOI $400,000, and $44,595 per key.
Cap Rate: 12.12 %

Major Tenants

Tenant SF Occupied Lease End Date
Elite Hotels LLC

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Wheelchair Accessible
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub
  • Smoke Detector

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 76
Type: Surface
Included in Rent: Yes
Hunter Davis 602-946-4371 Matthews Real Estate Investment Services
Hunter Davis 602-946-4371 Matthews Real Estate Investment Services