1015 N Stone Ave - Hospitality FOR SALE


Tucson, AZ 85705
$8,900,000 USD
602-687-6833
1015 N Stone Ave, Tucson, AZ for Sale
$8,900,000 USD
Hospitality - FOR SALE
1/30
null | Request Cap Rate

1015 N Stone Ave
Tucson, AZ 85705


HIGHLIGHTS

  • Best Western branded hotel with recent upgrades from 2022-2024
  • Great location near downtown Tucson & The University of Arizona
  • Tucson welcomes over 7 million visitors per year, having a $274.4M economic impact
  • Tucson aerospace manufacturing, research, defense & development is top 5 in the US & growing
  • Tucson was ranked by investors as a top 10 "Growth Frontier" in 2024

OVERVIEW

Please visit https://bestwesternroyalsuninnsuites.sharplaunch.com/ to view offering summary & due diligence. or contact Branden Bergstrom at (310) 213-3144 Marcus & Millichap has been selected to exclusively market for sale the Best Western Royal Sun Inn & Suites. This two-story interior corridor property has 79 rooms including an ADA room which sits on a 1.66-acre parcel. This property recently underwent recent upgrades from 2022-2024, and offers, free Wi-Fi, breakfast, and a heated pool and spa and room amenities such as a work/desk area, coffee and tea maker, microwave & refrigerator. This Eco-Friendly, limited-service hotel is centrally located less than a mile from downtown Tucson, The University of Arizona, McKale Center, Tucson Convention Center, Pima College and easy access to freeways I-10 and I-19. Nearby are Tucson’s most popular attractions such as Arizona-Sonora Desert Museum, Saguaro National Park, Old Tucson Studios, Golf Courses, and three shopping malls.

FOR SALE DETAILS

PRICE

$8,900,000 USD

PRICE/SF

$1,670 USD /SF

# OF ROOMS

79

PRICE/ROOM

$112,658 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Best Western Royal Sun Inn & Suites

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1969

PARKING SPACES

125

LAND DETAILS

LAND ACRES

1.66 AC

LAND SF

72,284 SF

ZONING

C-3

APN/PARCEL ID

117-02-144A,117-02-151,117-02-152A

ASK ABOUT THIS PROPERTY

Branden BergstromMarcus & MillichapMore Info
602-687-6833

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Branden BergstromMarcus & MillichapMore Info
602-687-6833

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