Property profile

3421 Elwood St Phoenix, AZ 85040

OFF-MARKET
Hotels
Property ID
US07-3295305
47,580 SF 2.35 ac lot Built 1998
Entity Owned 20-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1998
Construction STEEL FRAME
Total area 47,580 SF
Lot 2.35 ac (102,361 SF)
Zoning code I-1
APN 122-03-065G
UPID US07-3295305

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 Vacation Rental

Location

3421 Elwood St Phoenix, AZ 85040-1625
Phoenix metro Census 115200 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$12.96M
Blend (final) Blend
$830k

Owner & transaction history

since 2006
5 recorded transactions
2025
Price N/A
2021
Price N/A
2012
Price N/A
2006
Price N/A
2004
Price N/A

Zoning & alternative use

I-1 · Phoenix, AZ

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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