Hotel-Motel
Knights Inn Sierra Vista
1551 E Fry Blvd, Sierra Vista, AZ 85635
Listing Price: $2,600,000
Investment Overview
Marcus & Millichap is pleased to present the Knights Inn Sierra Vista, a 92-key hotel on East Fry Boulevard, the commercial spine of Sierra Vista, Arizona, offered at $2,600,000. The property sits five miles from Fort Huachuca, which covers more than 70,000 acres and features extensive airspace alongside electronic testing ranges. The hotel owner/seller was owner operating until Q3 of 2025 when they stepped away. A new owner has significant upside in rate management, sales & marketing, along with a conversion opportunity to Days Inn by Wyndham. Days Inn benefits from a nationally recognized rewards and reservation platform, which provides significant direct contribution. Current bookings are primarily derived from OTAs, where Wyndham brings business through the reservation system and eliminates additional OTA fees, and a much-needed positive impact to occupancy.
Knights Inn Sierra Vista
Investment Highlights
- BASIS 22% BELOW THE SIERRA VISTA COMPARABLES -$28,261 per key against a $36,266 average across seven Sierra Vista hotel sales, and below five of the seven individually
- REVPAR UPSIDE - 41% RevPAR index against similar hotels in the Sierra Vista submarket, providing opportunity for a new owner to improve revenue.
- PROVEN HISTORIC CASHFLOW - 2024 topline revenue of over $1M paired with a $394,000 NOI. The owner/seller stepped away in 2025, causing a significant loss in revenues beyond the market.
- CONVERSION OPPORTUNITY - The Knights Inn Sierra Vista offers various conversion opportunities with one of the most notable being Days Inn by Wyndham. New televisions, nightstands and desks in 2023; lamps, microwaves, refrigerators, freezers and desk chairs in 2024, leaving a minimal PIP for a Buyer if they pursue a conversion. Potential key money offered to a Buyer.
- EIGHT SUITES ADDED IN 2024 - Eight suites created in 2024 give the hotel an extended-stay product for contractor and monthly demand it could not serve before, alongside guest laundry and a lobby marketplace added the same year.
- FORT HUACHUCA DEMAND BASE - Five miles from the hotel in Cochise County, with more than 21,000 jobs tied to the post and missions in military intelligence, cyber and unmanned systems that bring contractors, trainees and families to Sierra Vista year round.
Exclusively Listed By
Financing By
Listing Price: $2,600,000
Investment Highlights
- BASIS 22% BELOW THE SIERRA VISTA COMPARABLES -$28,261 per key against a $36,266 average across seven Sierra Vista hotel sales, and below five of the seven individually
- REVPAR UPSIDE - 41% RevPAR index against similar hotels in the Sierra Vista submarket, providing opportunity for a new owner to improve revenue.
- PROVEN HISTORIC CASHFLOW - 2024 topline revenue of over $1M paired with a $394,000 NOI. The owner/seller stepped away in 2025, causing a significant loss in revenues beyond the market.
- CONVERSION OPPORTUNITY - The Knights Inn Sierra Vista offers various conversion opportunities with one of the most notable being Days Inn by Wyndham. New televisions, nightstands and desks in 2023; lamps, microwaves, refrigerators, freezers and desk chairs in 2024, leaving a minimal PIP for a Buyer if they pursue a conversion. Potential key money offered to a Buyer.
- EIGHT SUITES ADDED IN 2024 - Eight suites created in 2024 give the hotel an extended-stay product for contractor and monthly demand it could not serve before, alongside guest laundry and a lobby marketplace added the same year.
- FORT HUACHUCA DEMAND BASE - Five miles from the hotel in Cochise County, with more than 21,000 jobs tied to the post and missions in military intelligence, cyber and unmanned systems that bring contractors, trainees and families to Sierra Vista year round.
Investment Overview
Marcus & Millichap is pleased to present the Knights Inn Sierra Vista, a 92-key hotel on East Fry Boulevard, the commercial spine of Sierra Vista, Arizona, offered at $2,600,000. The property sits five miles from Fort Huachuca, which covers more than 70,000 acres and features extensive airspace alongside electronic testing ranges. The hotel owner/seller was owner operating until Q3 of 2025 when they stepped away. A new owner has significant upside in rate management, sales & marketing, along with a conversion opportunity to Days Inn by Wyndham. Days Inn benefits from a nationally recognized rewards and reservation platform, which provides significant direct contribution. Current bookings are primarily derived from OTAs, where Wyndham brings business through the reservation system and eliminates additional OTA fees, and a much-needed positive impact to occupancy.
Exclusively Listed By
Financing By
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