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1405 South Westwood Mesa, AZ 85210

Sponsored
For Sale
$12,000,000

64-room hotel, renovated, prime Mesa location.

Property size:
31,206 SF

Description

Added:
Jan 28, 2025
Days on Market:
343
Exceptional investment opportunity: A 64-room Holiday Inn Express in Mesa, Arizona, is available for acquisition. This three-story, interior corridor hotel boasts a prime location off US Highway 60, within walking distance of the Fiesta Mall redevelopment. The property benefits from a diverse clientele, including leisure and corporate travelers. Extensive renovations, completed in early 2024, as part of a Formula Blue PIP, have significantly increased room revenue, presenting minimal capital improvement needs for the new owner. Situated in one of the fastest-growing Phoenix suburbs, the hotel enjoys convenient access to Phoenix-Mesa Gateway Airport, major freeways, the Mesa Arts Center, Superstition Springs Center, Usery Mountain Regional Park, and Arizona State University Polytechnic campus. This strategic location maximizes guest satisfaction and investment potential. The property sits on 1.3 acres and offers a compelling opportunity for hospitality/limited service investors seeking a well-positioned, recently renovated asset with strong revenue growth potential. The hotel's proximity to business centers, educational institutions, medical facilities, and tourist attractions ensures consistent demand. This is an extraordinary opportunity to acquire a high-performing asset with minimal anticipated capital expenditures. The building size is 31,206 square feet.

Property Features for 1405 South Westwood

General Information

Property type
Hotels
Square Feet
31,206 SF
Price / Square Foot
$384
Elevators
N/A
Lot Size
56,628 SF

Building Details

Year Built/Renovated
1996/2024
Buildings
1
Stories
3
Units
64

HighLights

  • 64‑room Holiday Inn Express in Mesa, AZ, near US Highway 60 and Fiesta Mall redevelopment.
  • Recently renovated in early 2024, boosting room revenue significantly.
  • Prime location offers access to major freeways, airport, and local attractions.
Location Intelligence

Current Use by Public Records

MK Hotels Mesa Hotel GreenTree Inn & Suites ... Hotel Arizona hotel Hotel

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Mesa
State
Arizona
Longitude
-111.852319
Latitude
33.389402

FAQs

What type of property is this?
Hotel - 64-room hotel, renovated, prime Mesa location.
Where is this hotel located?
The property is located at 1405 South Westwood Mesa, AZ.
What is the asking price?
The asking price for this property is $12,000,000.
What are key features of this property?
This property features: 64-room Holiday Inn Express in Mesa, AZ, near US Highway 60 and Fiesta Mall redevelopment.; Recently renovated in early 2024, boosting room revenue significantly.; Prime location offers access to major freeways, airport, and local attractions.
More about this property
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