1916 W 3rd St - Hospitality FOR SALE


Winslow, AZ 86047
$2,300,000 USD
480-567-6853
1916 W 3rd St, Winslow, AZ for Sale
$2,300,000 USD
Hospitality - FOR SALE
1/8
null | 17.46% Cap Rate

1916 W 3rd St
Winslow, AZ 86047


HIGHLIGHTS

  • • Interior Corridor Economy Hotel
  • • Located on Historical Route 66
  • • Wyndham conversion opportunity with key money
  • • Over 25% average cash on cash return
  • • Recent Upgrades (Roof, Floors, Case Goods, Boiler)
  • • Owner/Manager Suite

OVERVIEW

To view our offering summary and due diligence, please visit https://rodewayinnwinslowi40.sharplaunch.com/or contact Branden Bergstrom at (310) 213-3144 Marcus & Millichap has been chosen to exclusively market for sale the Rodeway Inn Winslow I-40. A two-story interior corridor property has 47 rooms including 2 ADA rooms sitting on a 2 acre parcel. This property was renovated in 2013 as well as other upgrades in recent years, and offers amenities such as, Free Wi-Fi, breakfast and accessible parking. Conveniently located off Interstate 40, close to the region’s many Native American historical sites and natural areas. Among them are Winslow’s downtown “Standin’ On the Corner” Park, a tip of the hat to the Eagles’ popular single, “Take It Easy.” In the same area is the famous Route 66 stop with local goods and restaurants for visitors.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$121 USD /SF

# OF ROOMS

47

PRICE/ROOM

$48,936 {currency}

CAP RATE

17.46%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rodeway Inn Winslow I-40

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1984

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

CC

APN/PARCEL ID

103-10-025

ASK ABOUT THIS PROPERTY

Josh TammenMarcus & MillichapMore Info
480-567-6853

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Josh TammenMarcus & MillichapMore Info
480-567-6853

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