Property Detail

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Property Overview

160 Unit Full Service Mid Rise independent property, Interior corridor with restaurant, cocktail lounge, and meeting rooms. Excellent location at I-10 off ramp. Across from office park and close to business shopping and restaurants. Minutes to airport, downtown Phoenix, and Convention Center, Tempe, ASU, Scottsdale, and the many communities in the growing southeast area of the Valley of the Sun.

Listing Broker(s)

Bernie Levine Contact Broker Phone: 602-765-4840 Fax: 602-765-4841 E-mail: berniel@hotelbrokerone.com

Property Highlights

Asking Price:
$7,250,000
Location:
10827 S 51st Street, Phoenix, AZ,Phoenix
Property Description:
Full Service
Number of Rooms:
160
Site Size:
Approximately 4.68 acres
Year Built:
Unknown
Last Year Renovated:
Unknown
Common Area Amenities:
Restaurant, Lounge, Room Service, Spa and Salon, Meeting Rooms, Outdoor pool and whirpool

Financial History

  • Average Daily Occupancy:
  • Average Daily Rate:
  • Net Operating Income:
  • Room Revenue:
  • Total Revenue:
  • Price Per Room:
  • Room Revenue Multiplier:
  • NOI multiplier:
  • Room Revenue Per Room:
  • Cap Rate:
2009 Annualized
  • 35.32%
  • $64
  • $1,383,422
  • 0.00
  • $8,646
  • 0.00%
2008 Annualized
  • 47.48%
  • $68
  • $2,008,594
  • 0.00
  • $12,554
  • 0.00%
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Location

10831 South 51st Street


Phoenix, Arizona 85044

Listing Broker

Bernie Levine, HotelBrokerOne Contact Broker Phone: 602-765-4840 Fax: 602-765-4841 E-mail: berniel@hotelbrokerone.com
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Listing Broker(s)

Bernie Levine Contact Broker Phone: 602-765-4840 Fax: 602-765-4841 E-mail: berniel@hotelbrokerone.com