1820 S 7th St - Hospitality FOR SALE


Phoenix, AZ 85004- Central City
$13,480,000 USD
818-851-3304
1820 S 7th St, Phoenix, AZ for Sale
$13,480,000 USD
Hospitality - FOR SALE
1/5
null | Request Cap Rate

1820 S 7th St
Phoenix, AZ 85004
Central City


HIGHLIGHTS

  • 174 Units
  • First Time on the Market in 30 Years
  • Adjacent to Phoenix Sky Harbor International Airport (PHX) - 48 Million Passengers Annually
  • High-Visibility Location off Interstate 17
  • Convenient Access to Downtown Phoenix; Chase Field, Footprint Center, and Phoenix Convention Center
  • Absentee Corporate Ownership - Significant Opportunity for Revenue Growth

OVERVIEW

The E-Z 8 Motel Phoenix Airporter is a 174-unit independent hotel located adjacent to Phoenix Sky Harbor International Airport (PHX). Conveniently positioned off Interstate 17, the hotel offers easy access to the airport, downtown Phoenix, and other major destinations across the metropolitan area. The surrounding neighborhood has experienced significant development, including a new Starbucks under construction next to the hotel, complementing recently built retail along 7th Street. Phoenix Sky Harbor International Airport serves over 48 million passengers annually and continues to experience strong growth, reinforcing the area’s status as a key travel hub. Currently, owned and operated by long-time corporate owners based out of state, this property presents an exceptional opportunity for new ownership to enhance revenue through strategic sales and operational improvements. The hotel will be delivered unencumbered by brand, providing flexibility for various branding options. As the 5th largest city in the United States, Phoenix attracts 46.7 million visitors annually and remains one of the fastest-growing metro areas in the country. This offering presents a rare chance to acquire a well-performing asset with clear upside potential in a prime location.

FOR SALE DETAILS

PRICE

$13,480,000 USD

PRICE/SF

$194 USD /SF

# OF ROOMS

176

PRICE/ROOM

$76,591 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

E-Z 8 Motel Phoenix Airporter

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1974

PARKING SPACES

169

LAND DETAILS

LAND ACRES

4 AC

LAND SF

174,240 SF

ZONING

I-1

APN/PARCEL ID

112-40-159

ASK ABOUT THIS PROPERTY

Steve PostAmber Hotel CompanyMore Info
818-851-3304

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Steve PostAmber Hotel CompanyMore Info
818-851-3304

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