750 Starr Pass Blvd Tucson, AZ 85713

This 98-key Quality Inn in Tucson, Arizona, presents a compelling investment opportunity, priced below replacement cost. Built in 1984, this two-story hotel boasts spacious rooms exceeding 300 square feet, each featuring built-in closets and patios. The property includes numerous common areas adaptable for various uses, such as a fitness center or meeting spaces. Its prime location in central Tucson, near the University of Arizona and downtown, offers excellent potential. The sale includes additional land suitable for future expansion. Given Tucson's housing shortage, the city actively supports conversion projects, making this property ideal for an owner-operator seeking a turnkey hotel or an investor looking to repurpose it into affordable housing, a non-profit shelter, or another productive use. The asking price is $8,200,000. The property is located at 750 W Starr Pass Blvd, Tucson, AZ 85713.