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Premier Inn - Phoenix/Tolleson 8399 W Lynwood St 132 Room Hotel Tolleson, AZ 85353 $16,611,448 CAD ($125,844 CAD/Room)
INVESTMENT HIGHLIGHTS
- 132 Units
- Located within the Phoenix Metro
- Minutes Away from State Farm Stadium, Phoenix Raceway, and Multiple MLB Spring Training Stadiums
- Built in 2007 - First Time on the Market
- Direct Access and Visibility from Interstate 10 - 300,000 Vehicles Daily
EXECUTIVE SUMMARY
The Premier Inn Tolleson is a 132-unit independent hotel located just west of Phoenix in Tolleson, AZ. The property was built in 2007 and is on the market for the very first time.
The Hotel has excellent visibility and access from Interstate 10 which sees daily traffic upwards of 300,000 vehicles. Just a 20-minute drive from Phoenix Sky Harbor International Airport, the hotel is positioned near major venues including Talking Stick Resort Amphitheatre, a 20,000 person concert venue, State Farm Stadium, home of the Arizona Cardinals, and the Phoenix Raceway, a host of NASCAR events. Additionally, Tolleson is a critical center for warehousing and distribution, attracting businesses and workers to the area. Many large companies have facilities in Tolleson, including Amazon and PepsiCo.
Owned and operated by long-time corporate owners based out of state, this property presents a tremendous opportunity for new ownership to increase revenue through updated sales and operational strategies. The hotel will be delivered unencumbered by brand, with numerous branding options available.
The Hotel has excellent visibility and access from Interstate 10 which sees daily traffic upwards of 300,000 vehicles. Just a 20-minute drive from Phoenix Sky Harbor International Airport, the hotel is positioned near major venues including Talking Stick Resort Amphitheatre, a 20,000 person concert venue, State Farm Stadium, home of the Arizona Cardinals, and the Phoenix Raceway, a host of NASCAR events. Additionally, Tolleson is a critical center for warehousing and distribution, attracting businesses and workers to the area. Many large companies have facilities in Tolleson, including Amazon and PepsiCo.
Owned and operated by long-time corporate owners based out of state, this property presents a tremendous opportunity for new ownership to increase revenue through updated sales and operational strategies. The hotel will be delivered unencumbered by brand, with numerous branding options available.
PROPERTY FACTS
| Price | $16,611,448 CAD | Building Size | 52,638 SF |
| Price Per Room | $125,844 CAD | No. Rooms | 132 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 2007 |
| Property Subtype | Hotel | Parking Ratio | 2.72/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 2.75 AC | ||
| Zoning | C-2 | ||
| Price | $16,611,448 CAD |
| Price Per Room | $125,844 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.75 AC |
| Building Size | 52,638 SF |
| No. Rooms | 132 |
| No. Stories | 2 |
| Year Built | 2007 |
| Parking Ratio | 2.72/1,000 SF |
| Corridor | Exterior |
| Zoning | C-2 |
AMENITIES
- Pool
- Meeting Event Space
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 1 | $174.49 CAD | - |
| Guest Room | 131 | $134.01 CAD | - |
1 1
PROPERTY TAXES
| Parcel Number | 102-47-061 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $927,428 CAD |
PROPERTY TAXES
Parcel Number
102-47-061
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$927,428 CAD
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Premier Inn - Phoenix/Tolleson | 8399 W Lynwood St
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