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Radisson Hotel Casa Grande 777 N Pinal Ave 176 Room Hotel Casa Grande, AZ 85122 $31,151,251 CAD ($176,996 CAD/Room) 10% Cap Rate
EXECUTIVE SUMMARY
§176 Rooms Full Service Hotel- Full Renovation completed 2021
§Full service restaurant and bar, recently re-opened with Limited menu. Full bar service and music on weekends
§Business And Meeting Services
§On-Site Business Center, meeting and ballroom space,.
§Business Center is open 24 hours a day and is Staffed Between 11:59 AM and 11:59 AM
§Health & Fitness
§Complimentary Fitness Center
§Variety of cardiovascular equipment to include tread mills, elliptical trainer and free weights.
§Full service restaurant and bar, recently re-opened with Limited menu. Full bar service and music on weekends
§Business And Meeting Services
§On-Site Business Center, meeting and ballroom space,.
§Business Center is open 24 hours a day and is Staffed Between 11:59 AM and 11:59 AM
§Health & Fitness
§Complimentary Fitness Center
§Variety of cardiovascular equipment to include tread mills, elliptical trainer and free weights.
PROPERTY FACTS
| Price | $31,151,251 CAD | Building Size | 192,056 SF |
| Price Per Room | $176,996 CAD | No. Rooms | 176 |
| Sale Type | Investment | No. Stories | 4 |
| Cap Rate | 10% | Year Built/Renovated | 1987/2021 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 2.01/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 5.04 AC | Opportunity Zone |
Yes
|
| Zoning | B-2, Casa Grande | ||
| Price | $31,151,251 CAD |
| Price Per Room | $176,996 CAD |
| Sale Type | Investment |
| Cap Rate | 10% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 5.04 AC |
| Building Size | 192,056 SF |
| No. Rooms | 176 |
| No. Stories | 4 |
| Year Built/Renovated | 1987/2021 |
| Tenancy | Single |
| Parking Ratio | 2.01/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | B-2, Casa Grande |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- Room Service
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Wedding Venue
- Smoke-Free
- Hot Tub
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 4 | $184.14 CAD | - |
| Guest Room | 172 | $150.91 CAD | - |
Walk Score®
Very Walkable (83)
PROPERTY TAXES
| Parcel Number | 504-23-011A | Improvements Assessment | $12,141,169 CAD |
| Land Assessment | $1,249,838 CAD | Total Assessment | $13,391,007 CAD |
PROPERTY TAXES
Parcel Number
504-23-011A
Land Assessment
$1,249,838 CAD
Improvements Assessment
$12,141,169 CAD
Total Assessment
$13,391,007 CAD
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Radisson Hotel Casa Grande | 777 N Pinal Ave
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