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Hotel-Motel

Hilton Garden Inn Phoenix North Happy Valley

1940 W Pinnacle Peak Rd, Phoenix, AZ 85027

Listing Price: $25,000,000

Cap Rate
1.00%
Number of Rooms
126
RevPAR
$1
Price/Room
$198,413
Year Built
2008

Investment Overview

The Marcus & Millichap National Hospitality Group, is pleased to present for sale the Hilton Garden Inn Phoenix North Happy Valley in Phoenix, Arizona. This 126-room interior corridor hotel was built in 2008, and sits on 2.9 Acres of land. The building is a four-story building totaling 75,166 square feet, and includes a full-service restaurant, and conference center. The property is located adjacent to a 33,336-square foot, fully-leased office building. Also, on the site is a 12,900-square foot. retail building. Located at the intersection of Pinnacle Peak Road and North 19th Street, the property is in a high demand mature market. This opportunity presents an investor the opportunity to acquire a stabilized Hilton Garden Inn in a market with diverse groups of demand generators. The property is being offered free and clear of management and free and clear of debt.

Investment Highlights

  • Trophy Asset
  • Value Add Opportunity
  • Excellent Location in North Phoenix
  • Located in Office/Retail Business Park

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Financing By

Hotel-Motel

Hilton Garden Inn Phoenix North Happy Valley

Listing Price: $25,000,000

Cap Rate
1.00%
Number of Rooms
126
RevPAR
$1
Price/Room
$198,413
Year Built
2008

Investment Highlights

  • Trophy Asset
  • Value Add Opportunity
  • Excellent Location in North Phoenix
  • Located in Office/Retail Business Park

Investment Overview

The Marcus & Millichap National Hospitality Group, is pleased to present for sale the Hilton Garden Inn Phoenix North Happy Valley in Phoenix, Arizona. This 126-room interior corridor hotel was built in 2008, and sits on 2.9 Acres of land. The building is a four-story building totaling 75,166 square feet, and includes a full-service restaurant, and conference center. The property is located adjacent to a 33,336-square foot, fully-leased office building. Also, on the site is a 12,900-square foot. retail building. Located at the intersection of Pinnacle Peak Road and North 19th Street, the property is in a high demand mature market. This opportunity presents an investor the opportunity to acquire a stabilized Hilton Garden Inn in a market with diverse groups of demand generators. The property is being offered free and clear of management and free and clear of debt.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

Financing By

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