4021 N 27th Ave Phoenix, AZ 85017

This exceptional investment opportunity presents the fee simple interest in the 98-room Travel Inn located in Phoenix, Arizona. The hotel boasts a prime location off Interstate 17, providing convenient access to major demand generators including Arizona State University West Campus, Grand Canyon University, Phoenix Convention Center, and Phoenix Sky Harbor Airport. Sports enthusiasts will appreciate its proximity to multiple MLB spring training stadiums, Arizona Cardinals State Farm Stadium, Phoenix Suns Footprint Center, and Arizona Diamondbacks Chase Field. The property comprises 95 independent hotel rooms and three additional rooms used as manager's quarters. This well-maintained property offers significant upside potential with minimal deferred maintenance and multiple franchise rebranding options available. Importantly, the R-5 zoning allows for conversion to multi-family use, presenting a unique opportunity for multi-family investors. The Travel Inn sits in one of Arizona's fastest-growing RevPAR markets, within a dynamic city of 1.6 million residents. This is a rare chance to acquire a well-positioned asset with diverse potential uses in a thriving metropolitan area. The property features a building size of 32,600 square feet. The hotel is currently absentee-managed.