1001 Rte 66, Williams, AZ 86046-2231

This exceptional 35-key hotel, situated on 1.44 acres in Williams, Arizona (APN 202-22-011), presents a compelling investment opportunity. The property, built in 1961, boasts 13,303 square feet and is zoned R-3. The asking price is $3,300,000, translating to $248.06 per square foot. The single-story building offers significant potential for an owner-operator, featuring spacious two-bedroom manager's quarters complete with a kitchen and living room. This allows for on-site management and cost control, maximizing profitability. The property's prime location off Interstate 40 and Historic Route 66 ensures high visibility and accessibility. Its proximity to major tourist attractions, including the Grand Canyon Railway, Canyon Coaster Adventure Park, Bearizona, Elephant Rocks Golf Course, and Kaibab National Forest Petroglyphs, guarantees a steady stream of potential guests. Further enhancing its appeal are two RV hookups. Financial projections indicate a 2023 capitalization rate of 8.75% and a trailing twelve-month capitalization rate of 8.91%. This presents a rare chance to acquire a well-positioned hospitality asset with substantial upside potential in a thriving tourist destination. The property offers ample room for expansion and growth under the right management.