This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
47219 Highway 264
Saint Michaels, AZ 86511
NavajoLand Inn & Suites · Hospitality Property For Sale · 55,742 SF
PROPERTY FACTS
Property Type | Hospitality | No. Stories | 2 |
Property Subtype | Hotel | Year Built/Renovated | 1915/2012 |
Building Class | C | Parking Ratio | 2.37/1,000 SF |
Lot Size | 2.40 AC | Corridor | Exterior |
Building Size | 55,742 SF |
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
Links
PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $332,865 |
PROPERTY TAXES
- 209-23-017G
- 209-23-020A
- 209-23-017F
zoning
Zoning Code | PAD |
PAD |
Learn More About Investing in Hospitality Properties
Listing ID: 15669933
Date on Market: 4/8/2019
Last Updated:
Address: 47219 Highway 264, Saint Michaels, AZ 86511