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Scottsdale Hyatt House Opportunity
For Sale
Contact for pricing
Pending

4245 N Drinkwater Blvd, Scottsdale, AZ 85251

164-key extended-stay hotel in Scottsdale, Arizona for sale.

Property Size114,119 SF
Days on Market148

Property Features for 4245 N Drinkwater Blvd

General Information

Standard status Pending
Size 114,119 SF
Total Parking Spaces 171
Property subtype Hospitality
Zoning D/DMU-2 Downtown Multiple Use

Building Details

Year Built 1998
Year Renovated 2018
Buildings 8
Stories 3
Listing Agency: JDS Real Estate Services, Inc.
Listed By: Jennifer Stein · License #01507135
Source: Crexi
Added: Mar 27 Changed: Aug 8 Last Checked: Jul 24 at 9:08AM

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 JDS Real Estate Services, Inc.

Investment Insights

Based on property information with market context.

The Hyatt House in Scottsdale, Arizona, is available for sale via auction. This 164-key extended-stay Hyatt asset is well-positioned for corporate, relocation, and leisure demand. The seller will convey leasehold interest subject to a long-term ground lease with approximately 90 years remaining. Offered unencumbered by management and debt, the property enables a clean transition at closing. There is potential to retain or relicense under the Hyatt House brand, subject to franchisor approval. Meaningful operational upside is available through transition out of lender control and third-party management. The property presents an attractive basis relative to replacement cost in one of Scottsdale’s most established lodging submarkets. This is part of a broader lender-owned Hyatt House offering across multiple high-barrier U.S. markets, including Pleasanton and Pleasant Hill, California. Property tours are available by appointment only.

Key Highlights

  • 164‑key extended‑stay Hyatt House in Scottsdale, AZ.
  • Offered unencumbered by management and debt.
  • Significant operational upside potential.

Property Analytics

Current Use

Hyatt House Scottsdale/Old ... Hotel & Motel

Suggested Use

Top Pick Daycare Center Auto Parts Store Grocery & Convenience Store Storage Facility (Bike/Boat/Book/etc) Store Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,122
Businesses Nearby

Demographics for 85251, AZ

40,073
Population
26,456
Households
1.5
Avg Household Size
39
Median Age
60%
College-Educated
96%
High-School Grad
7.2 sq mi
ZIP Area
5,566
Density / Sq Mi
$89,151
Median Household Income
$60,282
Median Earnings
$1,771
Median Rent
$500,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - 164-key extended-stay hotel in Scottsdale, Arizona for sale.
Where is this hotel located?
The property is located at 4245 N Drinkwater Blvd Scottsdale, AZ.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 164‑key extended‑stay Hyatt House in Scottsdale, AZ.; Offered unencumbered by management and debt.; Significant operational upside potential.
More about this property
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