Investment Overview

Marcus and Millichap has been exclusively retained to offer for sale the fee simple interest in the 100-room Sierra Suites. The Sierra Suites is a 100-room independent boutique hotel located in Sierra Vista, Arizona, near Fort Huachuca Army base (strategic future mission for US), which has benefited from increased defense spending from the government roughly 75 miles southeast of Tucson, AZ. And 165 miles southeast of Phoenix.

Sierra Vista serves as Cochise Countys (Approx. 136,000 residents) main commercial, cultural, and recreational hub. As the primary retail trade area, Sierra Vista is frequented by county residents for the Mall of Sierra Vista, which has 360,000 SF of retail space and is anchored by Sears and Dillards. The mall boasts approximately 50 stores, restaurants, and a movie theater. Cochise County residents often come to Sierra Vista for the abundance of other major retailers as well, some of which include Target, Lowes, Home depot, Walmart Supercenter and more.

Sierra Suites provides free Wi-Fi. Among the various facilities are an outdoor swimming pool, a fitness center, as well as barbecue facilities. The hotel has a terrace and a hot tub.