Quail Inn | 1650 N Oracle Rd
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Quail Inn 1650 N Oracle Rd
18 Room Hotel Tucson, AZ 85705 $1,150,000 ($63,889/Room)
Investment Highlights
- PRIME LOCATION in Central Tucson, Near University of Arizona and Downtown Tucson
- Well Maintained with Pride of Ownership
- Located in an Opportunity Zone
- Priced Right for Either Hotel Owner/Operator or Affordable Housing / Non-Profit Organization
- 8 Units Include Full Kitchenettes, Rest of Units Offer Water, Gas, and Electric Hookups Already in Place
Executive Summary
NewGen Advisory is proud to present the Quail Inn located in Tucson, Arizona. Listed under replacement cost, this hotel is a great opportunity for an investor looking for a turn key property with a great return. This is an ideal opportunity for either an owner/operator or for an alternative use investor looking to repurpose this to a more productive use. Whether the property be kept as a motel or be changed into apartments, affordable housing or operate as a non-profit shelter - the property will thrive. The City is in full support for these conversion projects due to Tucson's severe housing shortage.
The Quail Inn is strategically located in Central Tucson in the Historical Oracle District and within a short drive from the University of Arizona and Downtown Tucson. This location offers various attractions, all within driving distance such as Historic 4th Avenue, Main Gate Square, and U of A Football/Basketball Stadium.
The Quail Inn is strategically located in Central Tucson in the Historical Oracle District and within a short drive from the University of Arizona and Downtown Tucson. This location offers various attractions, all within driving distance such as Historic 4th Avenue, Main Gate Square, and U of A Football/Basketball Stadium.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $1,150,000 | No. Rooms | 18 |
| Price Per Room | $63,889 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1946 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 7.09/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.56 AC | Opportunity Zone |
Yes
|
| Building Size | 3,383 SF |
| Price | $1,150,000 |
| Price Per Room | $63,889 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.56 AC |
| Building Size | 3,383 SF |
| No. Rooms | 18 |
| No. Stories | 1 |
| Year Built | 1946 |
| Tenancy | Single |
| Parking Ratio | 7.09/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 18 | $37.00 | - |
Bike Score ®
Biker's Paradise (92)
PROPERTY TAXES
| Parcel Number | 115-07-0890 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $31,950 |
PROPERTY TAXES
Parcel Number
115-07-0890
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$31,950
zoning
| Zoning Code | C-3 (Commercial) |
| C-3 (Commercial) |
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Quail Inn | 1650 N Oracle Rd
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