Two-Hotel Hospitality
For Sale
Contact for pricing
Pending
860 N Riverview St & 2224 W Rio Salado Pkwy, Mesa, AZ 85201
Fee-simple hotel portfolio with adjacent lodging, event, retail, and commercial laundry components.
Property SizeContact for details
Days on Market145
Property Features for 860 N Riverview St & 2224 W Rio Salado Pkwy
General Information
Standard status
Pending
Property subtype
Hospitality
Listing Agency:
Cushman & Wakefield - Phoenix, Arizona
Listed By:
Mike Montoya · License #SA671312000
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 31 at 8:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield - Phoenix, Arizona
Investment Insights
Based on property information with market context.
This fee-simple hospitality offering includes two adjacent hotels in Mesa: the 129-room Courtyard by Marriott Mesa at Wrigleyville West and the 180-room Sheraton Mesa Hotel at Wrigleyville West. The Courtyard was built in 2020, while the Sheraton was built in 2016. Both properties were developed and are operated by the original owner and manager.
Additional commercial components are positioned between the hotels, including two independent meeting rooms available as rental event spaces, three vacant retail spaces, and an on-site commercial laundry facility. Two of the retail spaces are grey shell, and the third is vanilla shell. The laundry facility serves both hotels as well as other local hotels. The portfolio is located near Loop 202 and Loop 101 in Mesa, with Sloan Park, the Chicago Cubs’ MLB Spring Training home, steps away.
Additional commercial components are positioned between the hotels, including two independent meeting rooms available as rental event spaces, three vacant retail spaces, and an on-site commercial laundry facility. Two of the retail spaces are grey shell, and the third is vanilla shell. The laundry facility serves both hotels as well as other local hotels. The portfolio is located near Loop 202 and Loop 101 in Mesa, with Sloan Park, the Chicago Cubs’ MLB Spring Training home, steps away.
Key Highlights
- Two adjacent hotels totaling 309 rooms: 129‑room Courtyard and 180‑room Sheraton
- Courtyard by Marriott Mesa at Wrigleyville West built in 2020
- Sheraton Mesa Hotel at Wrigleyville West built in 2016
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,205
Businesses Nearby
Explore this area
Business Placement
Demographics for 85201, AZ
51,187
Population
23,099
Households
2.2
Avg Household Size
33
Median Age
27%
College-Educated
87%
High-School Grad
9.4 sq mi
ZIP Area
5,445
Density / Sq Mi
$63,725
Median Household Income
$40,067
Median Earnings
$1,349
Median Rent
$292,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - Fee-simple hotel portfolio with adjacent lodging, event, retail, and commercial laundry components.
Where is this hotel located?
The property is located at 860 N Riverview St & 2224 W Rio Salado Pkwy Mesa, AZ.
What are key features of this property?
This property features: Two adjacent hotels totaling 309 rooms: 129‑room Courtyard and 180‑room Sheraton; Courtyard by Marriott Mesa at Wrigleyville West built in 2020; Sheraton Mesa Hotel at Wrigleyville West built in 2016
