Hotel-Motel
DoubleTree Phoenix North
10220 N Metro Pkwy E, Phoenix, AZ 85051
Listing Price: $17,000,000
Investment Overview
Marcus & Millichap has been chosen to exclusively market for sale the DoubleTree Phoenix North, a five-story full service hotel located right next door to the Metro Center Mall which is currently undergoing a $850M Redevelopment. Guest rooms include Wi-Fi, Smart TV, mini-refrigerator, Keurig coffee maker, and numerous plug and USB outlets.
The property is ideally located 16 miles Northwest of Phoenix Sky Harbor Airport and nearby to many main attractions/businesses. Phoenix is host to several museums and sporting venues, including the Footprint center (home to NBA's Phoenix Suns) and Chase Field (home to MLB's Diamondbacks), among others. Nearby attractions/businesses include Phoenix Zoo, Castles & Coasters, and Taiwan Semiconductor. Phoenix is also the Fifth-largest city by population in the U.S.
The DoubleTree Phoenix North represents the opportunity to acquire a Premium Branded Hilton Hotel in a desirable market near several demand drivers.
(The DoubleTree Phoenix North is located on a Ground Lease. Options to Purchase the Land are Available)
DoubleTree Phoenix North
Investment Highlights
- Value Add Opportunity – Large Upside in Operations
- Close Proximity to many nearby attractions such as Castles & Coasters, Various Professional Sports Teams, and Casinos
- Located along the I-17, 40,000 Cars pass the Hotel Daily
- Over 19 Million tourist Visited Arizona in 2023. $4.5B Economic Impact
Exclusively Listed By
Financing By
Listing Price: $17,000,000
Investment Highlights
- Value Add Opportunity – Large Upside in Operations
- Close Proximity to many nearby attractions such as Castles & Coasters, Various Professional Sports Teams, and Casinos
- Located along the I-17, 40,000 Cars pass the Hotel Daily
- Over 19 Million tourist Visited Arizona in 2023. $4.5B Economic Impact
Investment Overview
Marcus & Millichap has been chosen to exclusively market for sale the DoubleTree Phoenix North, a five-story full service hotel located right next door to the Metro Center Mall which is currently undergoing a $850M Redevelopment. Guest rooms include Wi-Fi, Smart TV, mini-refrigerator, Keurig coffee maker, and numerous plug and USB outlets. The property is ideally located 16 miles Northwest of Phoenix Sky Harbor Airport and nearby to many main attractions/businesses. Phoenix is host to several museums and sporting venues, including the Footprint center (home to NBA's Phoenix Suns) and Chase Field (home to MLB's Diamondbacks), among others. Nearby attractions/businesses include Phoenix Zoo, Castles & Coasters, and Taiwan Semiconductor. Phoenix is also the Fifth-largest city by population in the U.S. The DoubleTree Phoenix North represents the opportunity to acquire a Premium Branded Hilton Hotel in a desirable market near several demand drivers. (The DoubleTree Phoenix North is located on a Ground Lease. Options to Purchase the Land are Available)
Exclusively Listed By
Financing By
