Hotel For Sale • 26,680 SF
| 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 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Elite Hotels LLC |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 76 |
| Type: | Surface |
| Included in Rent: | Yes |