Property summary
Exceptional investment opportunity: the Lux Verde Hotel, a 30,882 square foot, 55-key boutique hotel in Cottonwood, Arizona. This two-story property, situated on a 4.2-acre lot at 301 AZ-89A, 86326, underwent a complete renovation in 2019, modernizing its 53 units. Originally built in 1984, the hotel features a leased restaurant and bar, providing additional revenue streams. The property also boasts a 2400 square foot meeting room ideal for events and an inviting outdoor pool area. This well-maintained establishment offers contemporary amenities and a prime location in a high-demand market, making it an attractive prospect for investors. SBA financing is available for qualified buyers. The hotel's updated features and strong performance in the thriving Cottonwood hospitality market ensure a smooth transition for new ownership. This is a rare chance to acquire a fully renovated, income-producing hotel in a desirable Arizona location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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