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Property Description:
NewGen Advisory is pleased to solicit offers from qualified investors to acquire the fee simple interest in the 147-room Motel 6 (West), strategically located in Phoenix, Arizona. This property boasts a prime location with excellent accessibility, situated conveniently off of I-10 and 51st Avenue, providing ease of access for both local and out-of-town visitors. Just 6 miles from Downtown Phoenix, the Motel 6 (West) – Phoenix is ideally positioned to attract a steady flow of business from a diverse range of guests, including both leisure travelers and corporate clients.
The Motel 6 (West) – Phoenix benefits from the vibrant economic landscape of Phoenix, a city known for its dynamic mix of cultural attractions, corporate hubs, and frequent large-scale events. This offering presents a rare opportunity to invest in a well-located asset with considerable potential for sustained revenue growth in one of Arizona’s most active markets.
Location Description:
Arizona’s hospitality sector benefits from several demand generators. Natural attractions and unique landscapes attract nature enthusiasts worldwide. Urban hubs like Phoenix entice visitors with cultural institutions, shopping, and entertainment options. Additionally, the state’s warm climate cater to wellness and golf enthusiasts, further driving demand for the hospitality industry.
The Phoenix metropolitan area, also known as “The Valley”, is located in Maricopa county which is nearly the size of New Hampshire. The population is over 4.4 million people and continues growing every year making Phoenix one of the top 10 largest cities in the United States. The Phoenix area consists of more than 20 cities that are accessible by Interstate 10, Interstate 17, US Route 60, Loop 101, 202, and 303.
Phoenix plays an important role in the economy of the southwestern region of the country. Some of the largest companies headquartered in Phoenix are Banner Health, PetSmart, US Airways, and ON Semiconductor. Intel is a prominent company that has been in Phoenix for over three decades.
Investment Highlights
Click the “Confidentiality Agreement” button below to access the due diligence files. After you submit the CA form, you will receive an automated email with links to the due diligence files and offering memorandum.
Broker of Record
