224 S Mikes Pike, Flagstaff, AZ 86001

Investment Highlights

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• BEST HOTEL LOCATION IN FLAGSTAFF- The property is strategically positioned near Downtown Flagstaff, Northern Arizona University, Historic Route 66, and the market’s primary tourism corridors, allowing it to capture a diversified mix of university, leisure, highway, winter recreation, and Grand Canyon-related demand.
• IRREPLACEABLE LOCATION- Downtown-adjacent hotel sites in Flagstaff are increasingly difficult to replicate due to limited infill land, high barriers to new development, and the city’s constrained mountain-market setting, giving this asset a highly defensible long-term location advantage.
• A Consistent Performer – The hotel has demonstrated stable revenues over recent years, reflecting the strength of its location. The property benefits from strong pricing power in a supply-constrained market where new development faces significant barriers.
• Clear NOI Upside Through Expense Optimization - With this being a low room count, high revenue hotel and currently operating at a 32% NOI margin, a more hands-on operator may have the opportunity to reduce controllable expenses, improve operating efficiencies, and increase bottom-line cash flow.
• Significant ADR Upside as Flagstaff Recovers - As tourism demand in Flagstaff rebounds, well-located assets are expected to outperform the broader market. The property's premier location and strong positioning within the Flagstaff lodging market should allow it to capture ADR growth and revenue gains as visitation levels return and lodging demand strengthens.
• 2019-Built Property with Recent Room Addition – Constructed in 2019, the hotel features modern finishes and systems with minimal deferred maintenance. The seller recently converted a storage room into a 52nd guest room, creating additional revenue with minimal PIP obligations for the new owner.
• Excellent Country Inn & Suites Franchise – The upscale select-service brand delivers consistent guest satisfaction with a 9.2/10 location rating and 8.9 overall score on major booking platforms. Guests consistently praise the property's cleanliness, breakfast quality, excellent location and downtown convenience, providing a strong foundation for revenue optimization.
• Multiple Demand Channels Drive Year-Round Stability – The hotel benefits from diverse revenue sources including Grand Canyon gateway traffic, NAU academic and athletic events, winter ski season guests, Route 66 tourism, Lowell Observatory visitors, and local business travel. Sustained 92-94% occupancy over three years demonstrates the location's ability to maintain demand regardless of market conditions.