Skip to main content

Hotel-Motel

Ascend Collection La Posada Lodge & Casitas

5900 N Oracle Rd, Tucson, AZ 85704

Listing Price: $8,950,000

Cap Rate
7.03%
Number of Rooms
72
RevPAR
$65
Gross SF
36,783
Price/Room
$124,306
RRM
4.77
Price/Gross SF
$243.32
Year Built
1973

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Ascend Collection La Posada Lodge & Casitas, a three-story 72-room hotel located in Tucson, Arizona. This asset is ideally located near The University of Arizona, a public land-grant research university. The hotel benefits from a strong business and leisure market with many demand drivers. Nearby attractions include the Tucson Botanical Gardens, Childrens Museum Tucson and Catalina State Park. The Tucson market has capitalized on its high-tech cluster program, spawning technology jobs and attracting high-tech companies with a focus on solar, aerospace and defense, bioscience, and information technology.

The Ascend Collection La Posada Lodge & Casitas represents the opportunity to acquire a beautiful Ascend Collection-branded hotel in a high barrier to entry market. Our Pro Forma analysis assumes an investor will increase operating efficiencies through cost management and modest revenue growth.

Investment Highlights

  • Boutique-Style Franchised Hotel in a High Barrier to Entry Market
  • Well-Maintained, Well-Appointed Property with 60 Rooms & 12 Casitas
  • 6 Miles to Banner University Medical Center
  • 7 Miles to The University of Arizona | 45k+ Enrollment
  • 15 Miles to Tucson International Airport & Davis-Monthan Air Force Base
  • Conveniently Located Along State Route 77, Near Interstates 10 & 19

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Hotel-Motel

Ascend Collection La Posada Lodge & Casitas

Listing Price: $8,950,000

Cap Rate
7.03%
Number of Rooms
72
RevPAR
$65
Gross SF
36,783
Price/Room
$124,306
RRM
4.77
Price/Gross SF
$243.32
Year Built
1973

Investment Highlights

  • Boutique-Style Franchised Hotel in a High Barrier to Entry Market
  • Well-Maintained, Well-Appointed Property with 60 Rooms & 12 Casitas
  • 6 Miles to Banner University Medical Center
  • 7 Miles to The University of Arizona | 45k+ Enrollment
  • 15 Miles to Tucson International Airport & Davis-Monthan Air Force Base
  • Conveniently Located Along State Route 77, Near Interstates 10 & 19

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Ascend Collection La Posada Lodge & Casitas, a three-story 72-room hotel located in Tucson, Arizona. This asset is ideally located near The University of Arizona, a public land-grant research university. The hotel benefits from a strong business and leisure market with many demand drivers. Nearby attractions include the Tucson Botanical Gardens, Childrens Museum Tucson and Catalina State Park. The Tucson market has capitalized on its high-tech cluster program, spawning technology jobs and attracting high-tech companies with a focus on solar, aerospace and defense, bioscience, and information technology.

The Ascend Collection La Posada Lodge & Casitas represents the opportunity to acquire a beautiful Ascend Collection-branded hotel in a high barrier to entry market. Our Pro Forma analysis assumes an investor will increase operating efficiencies through cost management and modest revenue growth.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

MM Texture Background
MM Textured Background Lower