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Ramada Foothills - Tucson

Property DescriptionOffering MemorandumDue Diligence
Main image Property Sold
Located: Tucson , Arizona
Offering Price: $4,445,000.00
Net Operating Income: $0.00
Financing: S.B.A FINANCING AVAILABLE
Room Revenue: $1,641,688.00
Renovated: New Case Goods, Flat Screens and Granite Counter Tops
Number of Units: 113 Units with 51 standard rooms and 62 suites with kitchenettes and living rooms
Land Area: 2.92 Acres +/-
Built: 1984


Summary

The Ramada Foothills consists of one single story and six two story buildings containing 113 Units with 51 standard rooms and 62 suites with kitchenettes and living rooms. The meeting room consists of 1,100 square feet seating up to 75 peoples for meetings and social affairs. With a spectacular view of the Rincon Mountains, and amenities designed for business and family travelers. The hotel is conveniently located in Tucson’s trendy Northeast side in the heart of “Old Pueblo” on restaurant row. All the hotel rooms and suites are surrounded by a tropical courtyard with outdoor heated pool and spa, spacious sundeck and a 24 hour business center. Convenient access to Tucson’s winning combination of rich local culture and magnificent Southwest scenery.

Highlights

  • Built 1984
  • $1,641,688 Rm. Rev. 2012
  • Priced @ 2.86 Times Rm. Revenue
  • 2.93 acres +/-
  • Great Upside Potential For Owner Operator
  • S.B.A. #504 FINANCING AVAILABLE
  • Possible Re-Branding Potential to Best Western Plus

Contact a Broker

Licensed in:

Arizona - LC554451000

California - 01522610

Colorado - ER10003807

Georgia - 353523 (ia)


Hawaii - 19600

Idaho - LC31934

Montana - 15009

New Mexico - 17154


Nevada - 24423

New York - 10351206190

Oregon - 200005201

Texas - 0573462


Washington - 8483

Wyoming - 15400

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