600 W Van Buren St - Hospitality FOR SALE
Phoenix, AZ 85003 |
$5,915,000 USD
602-946-4371
600 W Van Buren St
Phoenix, AZ 85003
HIGHLIGHTS
- Located near major attractions like Footprint Center, Chase Field, and Phoenix Convention Center, attracting over 1 million annual visitors.
- Special Terms for Joint Venture Partnership Opportunity.
- Opportunity to expand from 43 rooms to 119+ luxury hotel rooms, capturing the growing demand for upscale accommodations in Phoenix.
FOR SALE DETAILS
PRICE
$5,915,000 USD
PRICE/SF
$275 USD /SF
# OF ROOMS
43
PRICE/ROOM
$137,558 {currency}
CAP RATE
9.8%
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
City Center Downtown Motel
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
2
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1958
PARKING SPACES
36
LAND DETAILS
LAND ACRES
0.25 AC
LAND SF
10,890 SF
ZONING
C-G
APN/PARCEL ID
111-41-163A,111-41-164A,111-41-165A,111-41-166C,111-41-167A,111-41-172,111-41-173,111-41-174,111-41-175A
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602-946-4371
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602-946-4371
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