Property History
Ryan J Bodine of NewGen Advisory is proud to present for sale the fee simple interest in the 3 Palms Scottsdale – A Boutique Hotel. Minutes away from iconic Camelback Mountain, this 130 room, full service, independent boutique hotel is located in renowned Scottsdale, Arizona and minutes away from Arizona State University – two of Arizona’s most thriving destinations.
The 3 Palms Scottsdale has a resort style pool and scheme, presenting a unique investment opportunity for a hotelier to enter Arizona’s most popular market with a stabilized, cash flowing asset. The 3 Palms is well maintained, with strong room revenues and a NNN lease of its restaurant. This is a great opportunity to acquire an independent hotel in a premier location with plenty of upside to reach its full potential.
Strong, Consistent Revenues with Operational Upside
NNN Restaurant lease with Option to Extend or Buy Out
Multiple Demand Generators
Located in High Barrier to Market - Scottsdale, Arizona
Well Maintained Asset Minutes from ASU and Old Town Scottsdale
Loan History
Financial History
Tax History
Contact Information
Ownership Information
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Comparable Properties
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