Overview

Description

NewGen Advisory is pleased to offer for sale the Holiday Inn Express – Show Low (“Property”) located in Show Low, Arizona. The Property is conveniently located off of Highway 60 and Highway 260. The 69 – room Property, being offered unencumbered of management, represents an opportunity to acquire an IHG-branded limited-service asset.

This three-story interior corridor property caters to clientele seeking accommodations for their skiing adventures and for those passing through Show Low en route to destinations in southern and northern Arizona as well as New Mexico. It represents an excellent chance for a dedicated and hands-on owner-operator to enhance revenue by targeting local businesses and visitors through strategic marketing initiatives.

Show Low, Arizona is located in the White Mountains region of Arizona, which is a picturesque region renowned for its natural beauty. The dense forests, serene lakes, and majestic peaks draw in thousands of tourists every year, contributing to the demand for lodging in the market. Show Low has a medical hub that boasts a bustling downtown and serves as a central healthcare destination. It offers a range of medical facilities and services, ensuring that residents and visitors have access to comprehensive healthcare. The city also provides a vibrant atmosphere with community events, shopping opportunities, and a thriving dining scene

Highlights

• 69 units, 3 stories, interior corridor
• Outperforming comps in 2023
• 2023 RevPar - $100.65 with a 136.9 index
• 2023 ADR - $148.50 with a 109 index
• MOTIVATED SELLER who is willing to entertain creative structures.
• Serious Buyers are Encouraged to Bring All Offers!

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