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708239 | TOP INVEST 2 HOTELS IN PHOENIX, 11% + CAP 130 Key

 TOP INVEST 2 HOTELS IN PHOENIX, 11% + CAP 130 Key
Type: buy
PriceAmerican $9,950,000.00
Seller
Quantity: 2
Availability: yes
Location: PHOENIX, Arizona, United States

Top Invest 2 Hotels in Phoenix 11+% CAP 130 KEYS build 96/98 there is a Business center and an indoor Heated pool in the USA.

This 11.5% portfolio ($1.1M NOI) of two major flagged off the market hotels on Phoenix that are just 03 mile from each other and owned by the same owner, is available for sale.

At an 11.5% cap these two hotels are over 2.75% higher in cap rate than the current local comps of limited service hotels in the immediate local area for limited service hotels.

To move forward:

 

-       Buyer / Buyer Rep to sign asset specific NCND/MFA

-       Buyer to submit non-binding LOI and POF to connect with seller.



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