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301 AZ-89A Cottonwood, AZ 86326

Arizona Hotel: 53 Units, 182,952 SF

Overview

Added:
Jan 28
Days on market:
90
This exceptional investment opportunity presents the Lux Verde Hotel in Cottonwood, Arizona. This 182,952 square foot hotel, built in 1984 and extensively renovated in 2019, features 53 modernized units. The property includes a leased restaurant and bar, providing immediate income potential. A 2,400 square foot meeting room caters to events, while an inviting outdoor pool area enhances guest experience. Situated on over 4 acres, the hotel enjoys a prime location just off State Route 89-A, offering easy access to the Verde Valley's attractions, including Jerome and Sedona. The hotel's contemporary amenities and tranquil setting make it a preferred choice for both business and leisure travelers. SBA financing may be available for qualified buyers. This meticulously maintained property represents a compelling investment in the thriving Cottonwood hospitality market. The hotel's strong performance and desirable location make it an attractive prospect for investors seeking a stable and potentially high-return asset. The existing lease agreements on the restaurant and bar provide a reliable revenue stream, further enhancing the investment's appeal.

Highlights

  • 53 modernized units in a 182,952 sq ft building.
  • Prime Cottonwood, AZ location near State Route 89-A.
  • Includes a leased restaurant and bar, boosting revenue potential.

Property Details for 301 AZ-89A

Property type
Hotels, Hospitality properties
Square Feet
30,882 SF
Year Built/Renovated
1984/2019
Buildings
2
Stories
2
Elevators
N/A
Lot Size (sq. ft)
182,952 SF
Units
53

Location Insight

City
Cottonwood
County
State
Arizona

FAQs

What type of property is this?
Hotel - Arizona Hotel: 53 Units, 182,952 SF
Where is the hotel located?
The property is located at 301 AZ-89A Cottonwood, AZ.
What are key features of this property?
This property features: 53 modernized units in a 182,952 sq ft building.; Prime Cottonwood, AZ location near State Route 89-A.; Includes a leased restaurant and bar, boosting revenue potential.
How can I contact the broker?
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301 AZ-89A
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