301 Az-89A Cottonwood, AZ 86326
- Hospitality properties
- 30,882 SF
- 4.20 lot acres
Current Use by Public Records
- Hospitality properties
Property Details for 301 Az-89A
- Year built
- 1984
- Lot size
- 4.20 lot acres
- Property size
- 30,882 SF
- Property type
- Hospitality properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cottonwood
- County
- Yavapai
- State
- Arizona
- Longitude
- -112.031
- Latitude
- 34.7324
