6520 North 7th Street Suite 235
Phoenix, Arizona 85014
Phone: 602-954-7133 | Fax: 602-954-0996
info@apostlefitzgerald.com

Best Western Plaza Inn
Willcox, Arizona


90 Rooms - Full Service
Offering Price: $4,500,000

Investment Overview:
Apostle Fitzgerald & Company, as the exclusive listing Agent to EPV Arizona LLC (the “Owner”), is offering for sale the fee simple interest in the Best Western Plaza Inn, located near the southeast corner of interstate Highway 10 and West Rex Allen Drive, Willcox, Cochise County, Arizona. The subject property is a 90 guestroom, full-service, AAA two diamond, exterior corridor hotel. Improvements consist of three two-story guestroom buildings and two single-story buildings and a pool. One single-story building includes a lobby with front and back office, an administrative office and a manager’s apartment. The lounge, restaurant and meeting rooms are located in the second single-story building. The hotel was constructed in 1982 with additional guestrooms added in 1986. The parcel is generally rectangular in shape with a total size of 2.31 acres or approximately 100,624 (+/-) square feet. The site improvements of five separate buildings contain approximately 38,154 (+/-) square feet. The 90 guest rooms include 6 king spa suites of approximately 400 square feet each, 44 double queen rooms, 31 king rooms, and 2 double queen handicap rooms each containing approximately 300 square feet. There are also 7 single queen rooms of approximately 209 square feet each.

Price: $4,500,000
Location: Willcox, Arizona at Interstate 10
Property Description: Full Service
Property Age: Opened 1982, with addition in 1986
Corridors: Exterior Entrance
Public Area Amenities:    Restaurant, Lounge, Meeting Room
Site Size: 2.31 Acres
Trailing 12-month Occupancy: 68.2%
Trailing 12-month Daily Rate: $56.87
Trailing 12-month Room Revenue: $1,300,000
CAP Rate - Based on 2005 NOI: 12%-13%
Per Unit Price: New or Owner Financing
 

Note: The information shown above has been obtained from sources we believe to be reliable. While we do not doubt its accuracy, we have not verified it, and make no guarantee, warranty, or representation about it. It is your responsibility to independently confirm its accuracy and completeness.