Tucson Hotel & Resort
For Sale
Contact for pricing
1365 W Grant Rd, Tucson, AZ 85745
148-room hotel and resort on 6 acres in Tucson.
Property Size91,308 SF
Lot Size6.00 Acres
Price / SF$60.24
Days on Market817
Property Features for 1365 W Grant Rd
General Information
Standard status
Active
Size
91,308 SF
Total Parking Spaces
520
Lot size
6.00 Acres
Property subtype
Multifamily, Hospitality, Self Storage
Zoning
I-1
Occupancy
60%
Investment Type
Redevelopment
Net Operating Income
$962,932
Building Details
Year Built
1967
Buildings
2
Stories
2
Units
148
Listing Agency:
NewGen Advisory Phoenix
(520) 664-4091
Listed By:
Jigar "Jay" Desai · License #AZ SA675144000
Source:
Crexi
Added: Jun 6, 2024
Changed: Aug 27
Last Checked: Aug 26 at 7:46PM
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 NewGen Advisory Phoenix
Investment Insights
Based on property information with market context.
The Grand Luxe Hotel & Resort (GLH) is located in Tucson, Arizona. The property features 148 guest rooms and over 520 parking spaces, situated on close to 6 acres of land. This property presents an opportunity for an investor seeking an alternative use project, with the city supporting conversion projects due to a housing shortage. Potential uses include apartments, affordable housing, a storage facility, a truck stop, or a non-profit shelter. The property is suitable for an owner/operator looking for a turn-key property.
Key Highlights
- Listed under replacement cost, offering a great return for an owner/operator.
- Turn‑key property ready for immediate operation.
- Opportunity for alternative use project conversions supported by the city due to housing shortage.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
718
Businesses Nearby
Explore this area
Business Placement
Demographics for 85745, AZ
36,774
Population
17,662
Households
2.1
Avg Household Size
42
Median Age
45%
College-Educated
93%
High-School Grad
47.0 sq mi
ZIP Area
782
Density / Sq Mi
$68,608
Median Household Income
$40,353
Median Earnings
$1,128
Median Rent
$324,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - 148-room hotel and resort on 6 acres in Tucson.
Where is this hotel located?
The property is located at 1365 W Grant Rd Tucson, AZ.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Listed under replacement cost, offering a great return for an owner/operator.; Turn‑key property ready for immediate operation.; Opportunity for alternative use project conversions supported by the city due to housing shortage.
