12800 N Saguaro Blvd
Fountain Hills, AZ 85268

Sperry Commercial is pleased to present for sale the well-located and impeccably well-maintained LakeShore Hotel & Suites, a 104 room full service hotel located in the heart of Fountain Hills, AZ. Originally built as a Holiday Inn and converted to a Lexington Hotel in January, 2014, the property is presently named Lakeshore Hotel & Suites and is unencumbered by any franchise agreements. The property is listed at a price of $8,500,000, with an existing Credit Union loan of approximately $4,500,000. This loan may be paid off at close of escrow subject to a small prepayment penalty (please see Listing Broker for additional details regarding this financing). Location: Lakeshore Hotel & Suites is located in the scenic heart of the Town of Fountain Hills, AZ, adjacent to the downtown business district, which is approximately 25 miles northeast of Central Phoenix, 19 miles northeast of Old Town Scottsdale, and 10 miles due east of Shea Blvd. and the Loop 101 Freeway. The Town of Fountain Hills is bordered by the majestic McDowell Mountains to the west and the Fort McDowell Indian Community on the east. Lakeshore Hotel & Suites is directly across the street from Fountain Lake, a 30 acre lake which is home to the "World's Tallest Man-Made Fountain", and which operates 15 times each day, with water soaring to a spectacular height of 560 feet.