Motel 6 Phoenix, AZ - North Bell Road
2330 W Bell Road, Phoenix, AZ, 85023
$12,500,000
Price
9.84%
2024 Cap Rate
$89,287
Price Per Key
140
Total Rooms
$95
2024 ADR
4.54
2024 RRM

Investment Highlights
  • Priced at a 9.84% CAP Rate and $89,286 per key.
  • Stabilized revenues with consistent performance over the past four years.
  • Significant potential for a hands-on operator to optimize expenses and enhance operational efficiency.
  • Strategically situated off Interstate 17 and Bell Road, just 14 miles from downtown Phoenix.
  • Two-story, 140-unit exterior corridor property situated on 2.07 Acres.
  • Potential Alternative Uses; Suitable for conversion into affordable housing, homeless housing, or recuperative care facilities.
Location Summary
  • Motel 6 Phoenix, AZ - North Bell Road is located at 2330 W Bell Rd, Phoenix, AZ 85023, about 14 miles north of downtown Phoenix in the Deer Valley district. This area is known for attractions like the Deer Valley Petroglyph Preserve, Castles N' Coasters amusement park, Wet 'n' Wild Phoenix water park, the Musical Instrument Museum, and the Phoenix Sonoran Preserve. The motel is approximately 15 miles from Phoenix Sky Harbor International Airport, typically a 25 to 30-minute drive. Nearby shopping centers include Bell Towne Plaza, Deer Valley Towne Center, and Desert Ridge Marketplace. Within walking distance, you'll find dining options such as IHOP, Denny's, Waffle House, Subway, and Jack in the Box.
FOR MORE DETAILS CONTACT
Sudhir "Sid" Tewari
Principal/Managing Broker
(714) 340-0578
sid@tshoteladvisors.com
Lic: CA: 01773230
Sheil Stampwala
Managing Director
(714) 242-8291
sheil@tshoteladvisors.com
Lic: CA 01859094
Scott Reid
ParaSell, Inc. – Broker
(949) 942-6578
broker@parasellinc.com
Lic: CO709902000