For Sale
$12,000,000

1405 South WestwoodMesa, AZ 85210

Holiday Inn Express – Mesa AZ

Overview

Added:
Jan 28
Days on market:
67
NewGen Advisory is pleased to solicit offers to acquire the fee simple interest in the Holiday Inn Express – Mesa AZ. Located off US Highway 60 and walking distance to the re-development of the Fiesta Mall, the 64-room hotel receives business from a diverse population of leisure and corporate sales.

There is a significant upside post extensive renovation for the Formula Blue PIP during the last year. The majority of the renovations were completed early 2024, resulting in a significant increase in room revenue.

Location Description
Discover the vibrant pulse of Mesa, where the Holiday Inn Express – Mesa AZ is nestled within the thriving Phoenix market. Just minutes away, guests can explore the rich local culture at the Mesa Arts Center, indulge in retail therapy at Superstition Springs Center, or enjoy outdoor pursuits at Usery Mountain Regional Park.

With convenient access to Phoenix-Mesa Gateway Airport and major freeways, the area offers endless opportunities for Hospitality/Limited Service investors. Embrace the dynamic blend of business and leisure, as well as the allure of the nearby Arizona State University Polytechnic campus. This strategic location creates a compelling environment for guest satisfaction and investment success.

Highlights

  • 64 room, 3 story, interior corridor Mesa is one of the fastest growing suburbs in the Phoenix metro Extraordinary opportunity for new ownership to acquire an asset with minimal capital improvements anticipated Strategic proximity to business demand generators, educational institutions, medical facilities, and tourism attractions

Property Details for 1405 South Westwood

Property type
Hotels, Hospitality properties
Square Feet
31,206 SF
Price / Square Foot
$384.54
Year Built/Renovated
1996/2024
Buildings
1
Stories
3
Elevators
N/A
Lot Size (sq. ft)
56,628 SF
Units
64

Location Insight

City
Mesa
County
State
Arizona

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1405 South Westwood
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