451 London Bridge Rd - Hospitality FOR SALE
Lake Havasu City, AZ 86403 |
$3,500,000 USD
909-800-7139
451 London Bridge Rd
Lake Havasu City, AZ 86403
HIGHLIGHTS
- Since the owner’s acquisition, significant investments have been made, including new furniture, AC Units, and vinyl flooring.
- Lake Havasu generates significant demand from California and Arizona travelers who take advantage of the scenic area and aquatic activities.
- A new operator could improve the current operations by completing the renovations and improving the local comp set penetration.
- The property is currently absentee operated.
- An existing operator in the STR Market can scale their existing management network and sales team to improve upon the Running 12 Month RevPAR.
- No New Supply in Pipeline
FOR SALE DETAILS
PRICE
$3,500,000 USD
PRICE/SF
$177 USD /SF
# OF ROOMS
64
PRICE/ROOM
$54,688 {currency}
CAP RATE
11.69%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Windsor Inn
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
2
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1970
PARKING SPACES
91
LAND DETAILS
LAND ACRES
1.18 AC
LAND SF
51,401 SF
ZONING
C-2
APN/PARCEL ID
107-01-018,107-01-022
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909-800-7139
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909-800-7139
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