8399 W Lynwood St - Hospitality FOR SALE


Tolleson, AZ 85353
$11,900,000 USD
818-851-3304
8399 W Lynwood St, Tolleson, AZ for Sale
$11,900,000 USD
Hospitality - FOR SALE
1/8
null | Request Cap Rate

8399 W Lynwood St
Tolleson, AZ 85353


HIGHLIGHTS

  • 132 Units
  • Built in 2007 - First Time on the Market
  • Located within the Phoenix Metro
  • Direct Access and Visibility from Interstate 10 - 300,000 Vehicles Daily
  • Minutes Away from State Farm Stadium, Phoenix Raceway, and Multiple MLB Spring Training Stadiums

OVERVIEW

The Premier Inn Tolleson is a 132-unit independent hotel located just west of Phoenix in Tolleson, AZ. The property was built in 2007 and is on the market for the very first time. The Hotel has excellent visibility and access from Interstate 10 which sees daily traffic upwards of 300,000 vehicles. Just a 20-minute drive from Phoenix Sky Harbor International Airport, the hotel is positioned near major venues including Talking Stick Resort Amphitheatre, a 20,000 person concert venue, State Farm Stadium, home of the Arizona Cardinals, and the Phoenix Raceway, a host of NASCAR events. Additionally, Tolleson is a critical center for warehousing and distribution, attracting businesses and workers to the area. Many large companies have facilities in Tolleson, including Amazon and PepsiCo. Owned and operated by long-time corporate owners based out of state, this property presents a tremendous opportunity for new ownership to increase revenue through updated sales and operational strategies. The hotel will be delivered unencumbered by brand, with numerous branding options available.

FOR SALE DETAILS

PRICE

$11,900,000 USD

PRICE/SF

$226 USD /SF

# OF ROOMS

132

PRICE/ROOM

$90,152 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Premier Inn - Phoenix/Tolleson

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

2007

PARKING SPACES

143

LAND DETAILS

LAND ACRES

2.75 AC

LAND SF

119,790 SF

ZONING

C-2

APN/PARCEL ID

102-47-061

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.