American Inn

1550 North 52nd Drive, Phoenix, AZ

$6,150,000

Price

23,507 sqft

Building Size

1.96 acres

Lot Area

Overview
Building Size
23,507 sqft
Lot Area
1.96 acres
Keys
56
Year Built
1995
Description

NewGen Advisory is pleased to present to qualified buyers the independent American Inn hotel in Phoenix, Arizona. The property is located off Interstate 10 and surrounded by local attractions such as Downtown Phoenix, Westgate Entertainment District, Castles N' Coasters, and MLB spring training fields. The two story 56 unit hotel has a large lobby and breakfast area convenient for guests. Investors have an excellent opportunity to convert the hotel to another use such as multi-family apartments, senior living, or bridge housing. Please reach out to Jigar “Jay” Desai, Ryan Bodine, or Kishan Gohel for more information.

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Highlights
  • Located in Top 10 Most Populated City in the US
  • 15 Minutes West of Downtown Phoenix, 15 Minutes East of Westgate Entertainment District
  • Ideal Conversion to Multi-Family Apartments, Senior Living, or Bridge Housing
  • Multiple Franchise Rebranding Opportunities
  • Priced Below Replacement Cost
Location