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24187364
24187365

3460 E Fry Blvd, Sierra Vista, AZ 85635

JD
AZ SA675144000
NewGen Advisory Phoenix
DR
CO 100082810, AZ BR515223000
NewGen Advisory
Listed by NewGen Advisory Phoenix, NewGen Advisory
$2,900,000
349 days on market
Updated 44 days ago

Sierra Inn

Details
Property Type Hospitality
Sub Type Hotel, Motel
Keys 40
Beds 2
Cap Rate 10.3%
NOI $298,802
Broker Co-Op Yes
Year Built 1995
Buildings 3
Stories 2
Acreage 2.040
Ownership Fee Simple

10.30% CAP | 40 Keys | Upside with Many Brand Options Available

Marketing description

Jigar "Jay" Desai of NewGen Advisory is proud to present for sale the Sierra Inn located in Sierra Vista. This 40-room, independently operated economy hotel offers a compelling opportunity for investors seeking a turnkey asset in a growing market. Situated on a spacious 2.04 acre parcel along the main commercial corridor of E Fry Blvd, the Sierra Inn - Sierra Vista, AZ benefits from excellent visibility and accessibility in the southeast Arizona and Sierra Vista submarket.

Built in 1995 and continuously operated since 1996, the 19,981 sq ft masonry-constructed building features exterior corridors, high-speed internet, a business center, pool, and ample surface parking. With its strong fundamentals and strategic location in a small metro area, the property presents a stable cash-flowing investment with upside through operational and branding improvements.

Sierra Vista, Arizona, is a mid-sized city in southeastern Arizona, known as the largest city in that region. It's situated near the U.S.-Mexico border and boasts a temperate climate and access to both U.S. and Mexican attractions. The city is heavily influenced by Fort Huachuca, a major U.S. Army installation, making it a hub for military intelligence and cyber security. Sierra Vista is also recognized for its natural beauty, including the Huachuca Mountains and its designation as the "Hummingbird Capital of the U.S".

Investment highlights

  • 40 units, two-story, exterior corridor

  • Absentee managed - Offering opportunity to increase revenue and decrease expenses

  • Upside to increase revenues with numerous brand options available with great incentives

  • Large managers apartment on site

  • Financing available for qualified buyers via SBA or conventional loan

  • Motivated seller bring all offers

Listing Contacts

JD
AZ SA675144000
NewGen Advisory Phoenix
DR
CO 100082810, AZ BR515223000
NewGen Advisory
Listed by NewGen Advisory Phoenix, NewGen Advisory

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$298,802.00
$24,900.17/mo

Valuation Metrics

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DSCR
10.3%
Cap Rate
10.3%
ROI

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