1500 Ft Grant Rd, Willcox, AZ 85643-1008

This 53-unit Super 8 by Wyndham hotel in Willcox, Arizona, presents a compelling value-add investment opportunity. Located at 1500 Fort Grant Rd, Willcox, AZ 85643, this fee-simple property boasts 31,661 square feet on a 1.97-acre lot. Built in 1996, the two-story building features 53 keys and currently operates at 50% occupancy (as of October 1, 2023). The property benefits from a prime location on the main exit of Rex Allen Road off Interstate 10, providing excellent visibility and accessibility. Significant upside potential exists for an owner-operator or hands-on investor through effective rate and expense management. The property includes additional land used for truck parking, a valuable asset in this location. The hotel is a limited-service, interior corridor property with a two-bedroom, two-bathroom manager's apartment. Numerous rebranding options are available. Financing options may include SBA 7(a), SBA 504, and conventional loan programs. The asking price is $1,900,000, resulting in a price per key of $35,849.06. This represents a rare opportunity to acquire a well-situated hotel in a growing market with substantial room for improvement and increased profitability. The property is zoned for commercial use.