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Arizona Hotels & Motels for sale |
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View listings of Arizona Hotels,
Motels for sale and other related lodging business categories such
as bed & breakfasts, (B&Bs) RV resorts, campsites, and other
lodging facilities for sale in the Phoenix AZ metro area and
beyond. |
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Profitable Phoenix Arizona
Hotel/Motel For Sale
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Price:
$2,695,000 |
Down payment:
$400,000 |
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Gross Sales:
$551,482 (2009) |
Net:
$99,896
(2009) |
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Established since 1965,
this is a well maintained and
profitable 90 room (40,000 SF) and 2 story economy hotel/motel located
in downtown Phoenix, Arizona near the airport. The
hotel is situated on nearly 3 acres and includes a 1.5 acre
vacant parking lot that could be utilized as an additional profit
center by offering airport parking, RV storage, etc. The hotel
also has a large owner/manger living quarters off the lobby area
as well as 2 banquet rooms that are not currently being utilized.
The hotel offers very low daily and weekly rates with the average customer staying for 1 week at
a rate of $175 a week, to 1 month at
a rate of $600 to $700.
This property was appraised
last year for $3,600,000 and is now being offered at a
discount. There is no need for bank financing as the owner is
willing to offer seller financing to qualified buyers with
just $400,000 down! This is a great opportunity to buy a profitable
income property that has excellent growth potential going
forward for the right operator.
This sale is confidential. More
detailed information will be made available to
financially qualified buyers after signing and
faxing a
confidentiality agreement.
To Request More Business Listing Info:
Contact the listing Business Broker Ray Haiber at
602-292-0553, West USA Realty. Or
submit an inquiry
for additional info about this business for sale listing. Please make sure to indicate the
description ("Phoenix Hotel") of the business you are inquiring about! |
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Sellers:
Thinking of selling an Arizona business ? Request a 