Hotel-Motel

Sierra Suites

391 E Fry Blvd, Sierra Vista, AZ 85635

Listing Price: $4,500,000

Number of Rooms
100
RevPAR
$50
Gross SF
119,354
Price/Room
$45,000
RRM
2.47
Price/Gross SF
$37.70
Year Built
1985

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.

Investment Highlights

  • Increased 2019 Revenue
  • Strong Value Add Opportunity
  • New Military Business

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Vice President / Regional Manager

    License(s): AZ: BR675146000

    Arizona

Listing Price: $4,500,000

Number of Rooms
100
RevPAR
$50
Gross SF
119,354
Price/Room
$45,000
RRM
2.47
Price/Gross SF
$37.70
Year Built
1985

Investment Highlights

  • Increased 2019 Revenue
  • Strong Value Add Opportunity
  • New Military Business

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.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Vice President / Regional Manager

    License(s): AZ: BR675146000

    Arizona

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