For Sale
$9,500,000

1015 Stone AveTucson, AZ 85705

79-key hotel, prime location, recent renovations.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents the Best Western Royal Sun Inn & Suites, a 79-key hotel ideally situated in Tucson, Arizona. Boasting a prime location less than a mile from downtown Tucson, the University of Arizona, and major attractions like the Arizona-Sonora Desert Museum and Saguaro National Park, this property benefits from high tourist traffic and proximity to key amenities. The hotel, built in 1969 and extensively renovated from 2022 to 2024, features 5,329 square feet on a 1.66-acre lot (APN: 117-02-144A). The two-story, interior corridor property includes 79 guest rooms, including an ADA-compliant room. Guest amenities include free Wi-Fi, complimentary breakfast, a heated pool and spa, and in-room conveniences such as a work desk area, coffee and tea maker, microwave, and refrigerator. This eco-friendly, limited-service hotel offers easy access to freeways I-10 and I-19, placing it within reach of Tucson Convention Center, Pima College, and McKale Center. Tucson's robust tourism sector, welcoming over 7 million visitors annually with a $274.4 million economic impact, further enhances the investment potential. The city's thriving aerospace industry, ranked among the top 5 in the US, adds to its long-term growth prospects. This Best Western branded hotel is offered at $9,500,000. The property's recent upgrades and strategic location make it a compelling investment in a dynamic and growing market.

Highlights

  • Best Western branded hotel with recent renovations (2022-2024).
  • Tucson ranked a top 10 "Growth Frontier" city by investors in 2024.
  • Excellent location near downtown Tucson and the University of Arizona.
  • Tucson attracts over 7 million visitors annually, generating a $274.4M economic impact.
  • Tucson boasts a top 5 US aerospace industry (manufacturing, research, defense & development) with significant growth.

Property Details for 1015 Stone Ave

Property type
Hospitality properties, Hotels
Square Feet
5,329 SF
Year Built/Renovated
1969/2024
Lot Size (sq. ft)
72,310 SF

Location Insight

City
Tucson
County
Pima
State
Arizona
Latitude
32.234927719246
Longitude
-110.97204037896
1015 Stone Ave, Tucson, Arizona

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1015 Stone Ave
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