Property profile

1015 Stone Ave Tucson, AZ 85705

OFF-MARKET
Motels
Property ID
US07-1067005
5,468 SF 0.64 ac lot Built 1969
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents the Best Western Royal Sun Inn & Suites, a 79-key hotel ideally situated in Tucson, Arizona. Boasting a prime location less than a mile from downtown Tucson, the University of Arizona, and major attractions like the Arizona-Sonora Desert Museum and Saguaro National Park, this property benefits from high tourist traffic and proximity to key amenities. The hotel, built in 1969 and extensively renovated from 2022 to 2024, features 5,329 square feet on a 1.66-acre lot (APN: 117-02-144A). The two-story, interior corridor property includes 79 guest rooms, including an ADA-compliant room. Guest amenities include free Wi-Fi, complimentary breakfast, a heated pool and spa, and in-room conveniences such as a work desk area, coffee and tea maker, microwave, and refrigerator. This eco-friendly, limited-service hotel offers easy access to freeways I-10 and I-19, placing it within reach of Tucson Convention Center, Pima College, and McKale Center. Tucson's robust tourism sector, welcoming over 7 million visitors annually with a $274.4 million economic impact, further enhances the investment potential. The city's thriving aerospace industry, ranked among the top 5 in the US, adds to its long-term growth prospects. This Best Western branded hotel is offered at $9,500,000. The property's recent upgrades and strategic location make it a compelling investment in a dynamic and growing market.

Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1969
Construction FRAME
Total area 5,468 SF
Lot 0.64 ac (27,905 SF)
APN 117-02-144A
UPID US07-1067005

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

1015 Stone Ave Tucson, AZ 85705-7748
Tucson metro Census 401 TUCSON, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$4.38M

Owner & transaction history

since 2021
Last sale
$7.5M
4 recorded transactions
2021
$7.5M
2004
$2.6M
1998
$775,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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