Minsk Hotel
Hospitality | 119 Keys
Marketing description
NewGen Advisory is proud to present the Minsk Hotel located in Tucson, Arizona. Listed under replacement cost, this hotel is a great opportunity for an investor looking for a turn key property with a great return. This is an ideal opportunity for either an owner/operator or for an alternative use investor looking to repurpose this to a more productive use. Whether the property be kept as a motel or be changed into apartments, affordable housing or operate as a non-profit shelter - the property will thrive. The City is in full support for these conversion projects due to Tucson's severe housing shortage. The property sits on close to 2 acres of land and features 119 guest rooms.
Investment highlights
PRIME LOCATION in Central Tucson off of Interstate - 10, Near University of Arizona, Kino Sports Complex, and Tucson Marketplace at The Bridges
Redevelopment Opportunity to Acquire Property at $30k a key
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