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Hotel-Motel

My Place Hotel - Phoenix West/Avondale

915 N Avondale Blvd, Avondale, AZ 85323

Listing Price: $11,500,000

Cap Rate
8.30%
Number of Rooms
63
RevPAR
$89
Gross SF
32,000
Price/Room
$182,540
Price/Gross SF
$359.38
Year Built
2020

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the My Place Hotel - Phoenix West/Avondale, a four-story extended stay hotel conveniently located off of Interstate 10 in Avondale, Arizona. The hotel's 63 guest rooms include a kitchenette, flat-screen HDTV, sitting area and refrigerator. Hotel amenities include an outdoor pool, business center, complimentary breakfast buffet and guest laundry facilities. The My Place Hotel - Phoenix West/Avondale represents the opportunity to acquire a franchised hotel in the Phoenix market, a high-tech manufacturing base and tourist destination experiencing significant employment growth. The property is located near several major thoroughfares and downtown attractions, including the Phoenix Convention Center, Orpheum Theater and Phoenix Art Museum, to name a few. Additionally, the property is only a 15-20 minute drive to Downtown Phoenix.

Investment Highlights

  • Well Appointed Property | Recently Built in 2020
  • Conveniently Located off of Interstate 10
  • Less Than 15 Miles to Downtown Phoenix
  • Short Drive to Phoenix-Goodyear Airport (GYR) and Phoenix Sky Harbor International Airport (PHX)

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Hotel-Motel

My Place Hotel - Phoenix West/Avondale

Listing Price: $11,500,000

Cap Rate
8.30%
Number of Rooms
63
RevPAR
$89
Gross SF
32,000
Price/Room
$182,540
Price/Gross SF
$359.38
Year Built
2020

Investment Highlights

  • Well Appointed Property | Recently Built in 2020
  • Conveniently Located off of Interstate 10
  • Less Than 15 Miles to Downtown Phoenix
  • Short Drive to Phoenix-Goodyear Airport (GYR) and Phoenix Sky Harbor International Airport (PHX)

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the My Place Hotel - Phoenix West/Avondale, a four-story extended stay hotel conveniently located off of Interstate 10 in Avondale, Arizona. The hotel's 63 guest rooms include a kitchenette, flat-screen HDTV, sitting area and refrigerator. Hotel amenities include an outdoor pool, business center, complimentary breakfast buffet and guest laundry facilities. The My Place Hotel - Phoenix West/Avondale represents the opportunity to acquire a franchised hotel in the Phoenix market, a high-tech manufacturing base and tourist destination experiencing significant employment growth. The property is located near several major thoroughfares and downtown attractions, including the Phoenix Convention Center, Orpheum Theater and Phoenix Art Museum, to name a few. Additionally, the property is only a 15-20 minute drive to Downtown Phoenix.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

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