Services - Hotels & Other Lodging

Asking Price	$14,500,000	Inventory
Gross Income	Not Disclosed	Real Estate
Cash Flow	Not Disclosed	Year Established	1970
FF&E	N/A	Employees	N/A

* included in the asking price

** not included in the asking price

This 200+ room hotel is in an excellent location in Scottsdale in the middle of $1 billion in office, retail and condominium development. The ongoing renaissance of Scottsdale as the commercial, cultural, and civic center of the community, is positioning itself as a top destination for tourism, businesses, and a great place for people to live. The developments that are taking place are creating a high quality live/work/play environment. The hotel has over 200 rooms, whirlpool, fitness center, cabanas, outdoor sound system, security cameras, WiFi wireless Point of Sale System, complementary breakfast, and complementary area transportation and a full service restaurant and a full service bar. Proof of funds required before business opportunity released. Please, only parties interest in purchasing need inquire. No management only companies!

Facilities: The hotel has over 200 rooms, whirlpool, fitness center, cabanas, outdoor sound system, security cameras, WiFi wireless Point of Sale System, complementary breakfast, 3800 SF of meeting space, and complementary area transportation and a full service restaurant and a full service bar.

Competition: The Hotel offers an affordable luxury alternative to most Scottsdale lodging facilities with a resort type setting.

Growth/Expansion: A number of significant development projects in Scottsdale will help stimulate additional room night demand and ADR growth for area hotels. There is an opportunity to develop residential condominiums or condo/hotel on this site. Each would be subject to city approval.

Support/Training: The owner will ensure a smooth transition.

Reason Selling: Owner wants to pursue other business opportunity.