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301 Az-89ACottonwood, AZ 86326

Profitable Arizona Boutique Hotel

Overview

Added:
Dec 11, 2024
Days on market:
116
Exceptional investment opportunity: the Lux Verde Hotel, a 30,882 square foot, 55-key boutique hotel in Cottonwood, Arizona. This two-story property, situated on a 4.2-acre lot at 301 AZ-89A, 86326, underwent a complete renovation in 2019, modernizing its 53 units. Originally built in 1984, the hotel features a leased restaurant and bar, providing additional revenue streams. The property also boasts a 2400 square foot meeting room ideal for events and an inviting outdoor pool area. This well-maintained establishment offers contemporary amenities and a prime location in a high-demand market, making it an attractive prospect for investors. SBA financing is available for qualified buyers. The hotel's updated features and strong performance in the thriving Cottonwood hospitality market ensure a smooth transition for new ownership. This is a rare chance to acquire a fully renovated, income-producing hotel in a desirable Arizona location.

Highlights

  • 2019 Renovation: Boutique hotel completely renovated in 2019.
  • Restaurant & Bar: On-site leased restaurant and bar.
  • Large Meeting Room: 2,400 sq. ft. meeting/event space.
  • Outdoor Pool: Attractive outdoor pool area.
  • SBA Financing: SBA financing may be available.
  • Large Lot Size: Over 4-acre property.

Property Details for 301 Az-89A

Property type
Hospitality properties
Square Feet
30,882 SF
Year Built/Renovated
1984/2019
Stories
2
Lot Size (sq. ft)
182,952 SF

Location Insight

City
Cottonwood
County
Yavapai
State
Arizona
Latitude
34.7324089
Longitude
-112.030958
301 Az-89A, Cottonwood, Arizona

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301 Az-89A
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