Phoenix Hotel Near Loop
For Sale
Contact for pricing
Pending
5152 W Latham St, Phoenix, AZ 85043
122-room hotel with rebranding potential in high-growth Phoenix market.
Property SizeContact for details
Days on Market445
Property Features for 5152 W Latham St
General Information
Standard status
Pending
Property subtype
Hospitality
Investment Type
Core+
Building Details
Year Built
1997
Stories
3
Listing Agency:
Cushman & Wakefield - Phoenix, Arizona
Listed By:
Mike Montoya · License #SA671312000
Source:
Crexi
Added: Jun 3, 2025
Changed: Aug 8
Last Checked: Jul 24 at 2:43PM
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.
The 122-room hotel is located just east of the I-10 and Loop 202 expansion, offering visibility and access in the Phoenix market. The Loop 202 expansion has enhanced regional connectivity, with over 100,000 vehicles using the freeway daily, and spurred economic development, drawing new businesses, retail centers, and industrial hubs. The hotel is offered well below replacement cost with value-add potential through a renovation with Choice or a brand conversion to Hilton Spark, Marriott City Express, Hyatt Select, Holiday Inn Express or Garner. The hotel indexes below 100 in both Occupancy & ADR, with other assets in the submarket set achieving trailing 12-month RevPAR over $90. The property is conveniently located at the West 202 Logistics Park, off 51st Ave & I-10, less than a mile from the new Loop 202 interchange. The convenient access has created a logistical hub, with a presence from large corporations such as Amazon, FedEx, Target, CVS, The Home Depot, and PepsiCo. The hotel also provides convenient access to I-17, Loop 101 and Loop 303, while also providing easy access to Downtown Phoenix and Sky Harbor Airport. The hotel was originally built as a Hampton Inn. There is no additional supply planned within 4 miles of the Hotel. The market is characterized by limited availability of quality hotel assets. Phoenix is projected to welcome approximately 920,000 new residents over the next decade. The hotel is offered fee simple and unencumbered by management. The Hotel operates with non-union labor.
Key Highlights
- Offered well below replacement cost in a supply‑constrained market.
- Value‑add potential through renovation and rebranding with potential key money available.
- Excellent location with convenient access to multiple interstates and loops, near major corporations.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
549
Businesses Nearby
Explore this area
Business Placement
Demographics for 85043, AZ
35,800
Population
11,564
Households
3.1
Avg Household Size
28
Median Age
13%
College-Educated
73%
High-School Grad
20.3 sq mi
ZIP Area
1,764
Density / Sq Mi
$70,051
Median Household Income
$39,583
Median Earnings
$1,496
Median Rent
$288,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - 122-room hotel with rebranding potential in high-growth Phoenix market.
Where is this hotel located?
The property is located at 5152 W Latham St Phoenix, AZ.
What are key features of this property?
This property features: Offered well below replacement cost in a supply‑constrained market.; Value‑add potential through renovation and rebranding with potential key money available.; Excellent location with convenient access to multiple interstates and loops, near major corporations.
