Hyatt Place Hotel with Indoor
For Sale
$19,900,000
397 S Malpais Ln, Flagstaff, AZ 86001
Newly delivered select-service lodging property with an on-site restaurant, patio, and complimentary breakfast.
Property Size57,501 SF
Days on Market142
Property Features for 397 S Malpais Ln
General Information
Standard status
Active
Size
57,501 SF
Property subtype
Hotel-Motel
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
The Placery onsite restaurant
heated indoor pool
complimentary breakfast buffet
outdoor patio
fitness center
business center
sundry shop
Newly Built Asset with Minimal CapEx Needs | Built in 2023
Modern, Branded Hotel Competing Against Aging Supply
Globally Recognized Hyatt Place Flag with World of Hyatt Loyalty Distribution Capturing Corporate, Government, and Transient Leisure Demand Beyond Park Visitors
Walking Distance to Northern Arizona University (NAU) with Diversified Demand Support and a $1.85 Billion Annual Economic Impact
Gateway Location to Grand Canyon National Park and Sedona | The Grand Canyon is Ranked #4 in Best U.S. National Parks by U.S. News in 2026
High Visibility Along I-40 and Route 66 | Flagstaff is Expected to Capture Increased Visitation from the 2026 Route 66 Centennial
Easily Accessible from Major Drive-To Markets Including Phoenix, Las Vegas, and Southern California | Flagstaff Benefits from Strong Year-Round Tourism Driven by Outdoor Recreation and Regional Attractions
5 Miles to Flagstaff Pulliam Airport (FLG)
Building Details
Building Size
57,501 SF
Year Built
2023
Buildings
1
Listed By:
Scott Bradsby · License #License(s): CA: 02230808
(909) 456-3461
Source:
Marcusmillichap
Added: May 8
Changed: Sep 26
Last Checked: Sep 26 at 3:27AM
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 Scott Bradsby
Investment Insights
Based on property information with market context.
Built in 2023, this 96-room Hyatt Place is a select-service hotel with a guest amenity package that includes The Placery restaurant, a heated indoor pool, outdoor patio, fitness center, business center, sundry shop, and complimentary breakfast buffet. The property also benefits from Hyatt branding and World of Hyatt loyalty distribution.
The hotel is located at 397 S Malpais Ln in Flagstaff, directly on Historic Route 66 and within walking distance of Northern Arizona University. Flagstaff Pulliam Airport is approximately five miles away, while the Grand Canyon South Rim is 80 miles from the property. Additional transportation access includes Amtrak’s Southwest Chief service and regional interstate connectivity.
The hotel is located at 397 S Malpais Ln in Flagstaff, directly on Historic Route 66 and within walking distance of Northern Arizona University. Flagstaff Pulliam Airport is approximately five miles away, while the Grand Canyon South Rim is 80 miles from the property. Additional transportation access includes Amtrak’s Southwest Chief service and regional interstate connectivity.
Key Highlights
- 96‑room Hyatt Place hotel built in 2023
- Heated indoor pool, fitness center, business center, and sundry shop
- The Placery on‑site restaurant, outdoor patio, and complimentary breakfast buffet
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,369
Businesses Nearby
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Business Placement
Demographics for 86001, AZ
37,093
Population
15,364
Households
2.4
Avg Household Size
27
Median Age
55%
College-Educated
96%
High-School Grad
290.4 sq mi
ZIP Area
128
Density / Sq Mi
$62,587
Median Household Income
$24,346
Median Earnings
$1,505
Median Rent
$570,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - Newly delivered select-service lodging property with an on-site restaurant, patio, and complimentary breakfast.
Where is this hotel located?
The property is located at 397 S Malpais Ln Flagstaff, AZ.
What is the asking price?
The asking price for this property is $19,900,000.
What are key features of this property?
This property features: 96‑room Hyatt Place hotel built in 2023; Heated indoor pool, fitness center, business center, and sundry shop; The Placery on‑site restaurant, outdoor patio, and complimentary breakfast buffet
