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Knights Inn Sierra Vista 1551 E Fry Blvd 101 Room Hotel Sierra Vista, AZ 85635 $4,588,528 CAD ($45,431 CAD/Room)



Investment Highlights
- In place 9.4% CAP Rate. Low Cost to Operate With All NOI Upside
- 66% Economy RevPAR Index providing opportunity for owner to improve revenue.
- Rooms recently renovated with new TV’s, night stands, & desks in 2023. New lamps, microwaves, refrigerators, freezers, & desk chairs replaced in 2024
- Eight Suites Newly Added in 2024 Allowing for Monthly Rentals and Occupancy Increase
- Supplemental revenue from lobby marketplace and guest coin laundry installed in 2024.
- Extremely low price per key cost with zero transfer of ownership PIP required from buyer.
Executive Summary
Marcus & Millichap has been chosen to exclusively market for sale the Knights Inn Sierra Vista, the recently renovated in 2024, offering complimentary coffee in the lobby, and WiFi and on-site guest laundry facilities, as well as an outdoor pool and grills. Each room is non smoking, with flat screen TVs, a microwave, fridge, and coffee & tea maker. The property is ideally located near plenty of attractions to visit like Fort Huachuca, Apache Peak, and is just North of the Mexican border and off Route 90, which also provides easy access to historic towns such as Tombstone and Bisbee, AZ.
To view offering summary and due diligence please visit https://knightsinnsierravista.sharplaunch.com/ or contact Johnny Casler directly at (919) 606-2263 for more information.
To view offering summary and due diligence please visit https://knightsinnsierravista.sharplaunch.com/ or contact Johnny Casler directly at (919) 606-2263 for more information.
Property Facts
| Price | $4,588,528 CAD | Building Size | 28,129 SF |
| Price Per Room | $45,431 CAD | No. Rooms | 101 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1976 |
| Property Subtype | Hotel | Parking Ratio | 2.74/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 2.08 AC | ||
| Zoning | C - Commmercial | ||
| Price | $4,588,528 CAD |
| Price Per Room | $45,431 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.08 AC |
| Building Size | 28,129 SF |
| No. Rooms | 101 |
| No. Stories | 2 |
| Year Built | 1976 |
| Parking Ratio | 2.74/1,000 SF |
| Corridor | Exterior |
| Zoning | C - Commmercial |
Amenities
- Business Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 101 | $84.92 CAD | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 106-75-007 | Improvements Assessment | $228,311 CAD |
| Land Assessment | $74,462 CAD | Total Assessment | $302,773 CAD |
Property Taxes
Parcel Number
106-75-007
Land Assessment
$74,462 CAD
Improvements Assessment
$228,311 CAD
Total Assessment
$302,773 CAD
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Knights Inn Sierra Vista | 1551 E Fry Blvd
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