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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.

Property Facts

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 -
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
106-75-007
Land Assessment
$74,462 CAD
Improvements Assessment
$228,311 CAD
Total Assessment
$302,773 CAD
  • Listing ID: 36598691

  • Date on Market: 2025-07-03

  • Last Updated:

  • Address: 1551 E Fry Blvd, Sierra Vista, AZ 85635

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