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This Hospitality Property is no longer advertised on LoopNet.com.

47219 Highway 264
Saint Michaels, AZ 86511

NavajoLand Inn & Suites · Hospitality Property For Sale · 55,742 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.40 AC
Building Size 55,742 SF
No. Stories 2
Year Built/Renovated 1915/2012
Parking Ratio 2.37/1,000 SF
Corridor Exterior

Amenities

  • Fitness Center
  • Pool
  • Restaurant
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub

About 47219 Highway 264 , Saint Michaels, AZ 86511

Opportunity to Increase Performance • This an excellent and exciting opportunity for any investor to acquire this property. The Hotel’s prime location adds value to the property. The Hotel Has 49 double queen beds, 16 king beds, and 8 two-room suites. New management can increase NOI by implementing a cost cutting strategy. The property’s expenses are significantly higher than the industry average. By addressing this issue, the property’s NOI has room to increase up to 18%. While the property can perform very well without Flag as an independent hotel, the right hotel flag would allow investors to easily bring up the occupancy to (65% - 70%) further increasing the property’s income, profitability, and market value. Completed Renovations • The owner has done most renovations and improvements to the property. The recent improvements on the property include upgrading from full size beds to queen beds, replacement of old TVs with new flat screen HD TVs, new carpet, purchased and installed two ADA requirement for the swimming pool, replaced the swimming pool heaters and pumps, new sauna heater, replaced Jacuzzi motor and new fiber optics to improve internet services with high speed. HOTEL AMENITIES This hotel offers an indoor and outdoor pool, sauna, and fitness center.The recent renovations of the property were done in the years between 2012-2015. • Air Conditioning • In-room climate control • Phone • Free local calls • Refrigerator • Microwave • Daily housekeeping • Private bathroom • TV • Shower/tub combination

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 209-23-017G
  • 209-23-020A
  • 209-23-017F
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$332,865

zoning

Zoning Code PAD
PAD
  • Listing ID: 15669933

  • Date on Market: 4/8/2019

  • Last Updated:

  • Address: 47219 Highway 264, Saint Michaels, AZ 86511

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