JUST LISTED
Knights Inn Sierra Vista
Sierra Vista, Arizona
Listing Price
$3,500,000
The Offering
Investment Highlights
In place 9.4% CAP Rate. Low Cost to Operate With All NOI Upside
Eight Suites Newly Added in 2024 Allowing for Monthly Rentals and Occupancy Increase
66% Economy RevPAR Index providing opportunity for owner to improve revenue.
Rooms recently renovated with new TV’s, night stands, and desks in 2023. New lamps, microwaves, refrigerators, freezers, and desk chairs replaced in 2024.
Supplemental revenue from lobby marketplace and guest coin laundry installed in 2024.
Extremely low price per key cost with zero transfer of ownership PIP required from buyer.
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