MICHAEL MONTOYA
Colliers International
Office Phone: 1 602 222 5157
Cell Phone: 1 480 225 2594
Required Email is not valid!
Purchase OnlyAsking Price: $3,500,000.00 Cap Rate: 0%; Commission Split: 0%
Acquisition TypeAsking Purchase Price: $0 Business income to seller for term, B2B Partnership terms, Other Details
Listing ID: CL-Arizona-91383
Status: Accepting Offers
Financing: No Financing Available
Occupancy: 0%
Year Build: 0
Building Size: 0 SqFt
Lot Size: 0 Not Specified
No of Stories: 0
No of Parking: 0
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Details
Offer to Millionaire Club: No
Cap Rate (%): 0
Commission Split (%): 0
Building Size: 0 SqFt.
Total Lot Area: 0.00 Not Specified
No of Total Units: 0
Property Current Status: Normal Sale
Heating and Cooling: Not Specified
Building Class: A
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Investment opportunity: The Thatcher Comfort Inn & Suites is located at 2577 W. Highway 70 in Thatcher, Arizona. The Thatcher Comfort Inn & Suites includes 88 guest rooms, a 78-seat breakfast area, business center, exercise room, pool and hot tub. The building area consists of approximately 50,570 gross square feet on approximately 4.95 acres. The sale price is $3.5 million. For full investment details, please sign and return the confidentiality agreement attached to the property flyer or contact the brokers directly. The Thatcher Comfort Inn & Suites opened in January 2009 and was upgraded in 2014. The property is in good standing with Choice Hotels International with 14 years remaining on its current franchise agreement. Proximity to local and state industries is exceptional, and property amenities focus on government, corporate and industry travelers. Government employee travel rates increased, effective July 1, 2015, which accounts for nearly a 40 percent upside in revenue from Government contracted employee stays at the hotel.
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