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Hotel-Motel

Econo Lodge Holbrook AZ

2211 Navajo Blvd, Holbrook, AZ 86025

Listing Price: $1,800,000

Cap Rate
9.10%
Number of Rooms
40
RevPAR
$31
Gross SF
14,560
Price/Room
$45,000
RRM
4.00
Price/Gross SF
$123.63
Year Built
1979

Investment Overview

Marcus & Millichap’s National Hospitality Division is pleased to present the Econo Lodge Holbrook AZ. This exclusively listed property is being offered at $1,800,000 or $45,000 per key. At the list price the property will trade at 4 times gross room revenue, and a 9. percent cap rate. The owners of the property, have completely remodeled the property, turning it from an independent property to an economy branded motel. This brand will result in increased room revenue because of the modern renovation to the property.

Investment Highlights

  • 40 Room Exterior Corridor Motel
  • Located Directly Off of Interstate 40
  • Ideal Acquisition for an Owner/Operator
  • Recently Renovated to Econo Lodge Standards
  • Value Add Opportunity

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Hotel-Motel

Econo Lodge Holbrook AZ

Listing Price: $1,800,000

Cap Rate
9.10%
Number of Rooms
40
RevPAR
$31
Gross SF
14,560
Price/Room
$45,000
RRM
4.00
Price/Gross SF
$123.63
Year Built
1979

Investment Highlights

  • 40 Room Exterior Corridor Motel
  • Located Directly Off of Interstate 40
  • Ideal Acquisition for an Owner/Operator
  • Recently Renovated to Econo Lodge Standards
  • Value Add Opportunity

Investment Overview

Marcus & Millichap’s National Hospitality Division is pleased to present the Econo Lodge Holbrook AZ. This exclusively listed property is being offered at $1,800,000 or $45,000 per key. At the list price the property will trade at 4 times gross room revenue, and a 9. percent cap rate. The owners of the property, have completely remodeled the property, turning it from an independent property to an economy branded motel. This brand will result in increased room revenue because of the modern renovation to the property.

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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