For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

10000 Az Scottsdale, AZ 111111

For Sale
$25,000,000

130-Key Boutique Hotel, High Occupancy

Description

Added:
Dec 11, 2024
Days on Market:
369
This exceptional 130-key luxury boutique hotel in Scottsdale, Arizona, presents a compelling investment opportunity. Asking $25,000,000, this stabilized asset boasts an impressive 85% occupancy rate, generating over $6 million in annual room revenue. The property, housed in a charming low-rise adobe structure, underwent a complete renovation in 2018, ensuring modern amenities and upscale appeal. Its strategic location within Scottsdale contributes significantly to its strong performance. The hotel's contemporary design and high-quality finishes attract a discerning clientele. The property is free of ground lease obligations, offering complete ownership and control. This institutional-grade investment is ideal for those seeking a high-performing, established hotel in a prime Arizona location. The current branding presents an opportunity for potential affiliation with major hotel brands such as Hilton or Marriott, further enhancing its market position and potential for increased profitability. Financial records are available upon request to qualified buyers. This is a rare chance to acquire a thriving, well-maintained hotel in a desirable market. The property's strong performance and potential for future growth make it an attractive addition to any investment portfolio. The hotel's location in Scottsdale, Arizona, offers access to a vibrant tourism market and a diverse range of local businesses.

Property Features for 10000 Az

General Information

Property type
Hotels

Building Details

Year Renovated
2018

HighLights

  • $25,000,000 asking price.
  • 130‑key luxury boutique hotel in Scottsdale, Arizona.
  • 85% occupancy.
  • 2018 renovation.
  • Over $6M in annual room revenue.
  • Strategic location.
Property Profile Location Intelligence

Current Use by Public Records

Hotels

Map

City
Scottsdale
County
Maricopa
State
Arizona

FAQs

What type of property is this?
Hotel - 130-Key Boutique Hotel, High Occupancy
Where is this hotel located?
The property is located at 10000 Az Scottsdale, AZ.
What is the asking price?
The asking price for this property is $25,000,000.
What are key features of this property?
This property features: $25,000,000 asking price.; 130-key luxury boutique hotel in Scottsdale, Arizona.; 85% occupancy.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message