Motel for Sale in Sedona - Oak Creek, Arizona
SOLD

The Inn is located in the Sedona / Oak Creek area on Highway 179, near Bell Rock in Red Rock Country. It affords breath-taking panoramas and a mild climate. The area is the second most visited site in Arizona after the Grand Canyon. The Inn consists of 41 units in 2 buildings on about .78 acres. There is paved parking for 42 cars. The land is owned and not leased. Building One: Constructed in 1993 Lobby / office Total of 21 guest rooms One two-room suite with full kitchen, living area, bedroom and full bath. Standard, two Queen-bed rooms are 13'6" x 25' All rooms include small refrigerators, color television sets and are tastefully decorated. Building Two: Opened in 1995 Total of 20 guest rooms Four luxury rooms with wet bar, fireplace and Jacuzzi. Four deluxe rooms with fireplaces. Twelve rooms are Queens. Property includes: Poolside Cabana with a One-Half Bath and Vending Machines Guest laundry Motel laundry with commercial washer, commercial dryers All linens are owned and done on premises This is an exceptional Motel with its excellent location in the Sedona - Oak Creek area. This well built structure has individual unit air conditioners for rooms and central unit for lobby and apartment that could easily be used for an Owner / Operator. Rates vary throughout the year. For standard rooms, the rate would vary from $59 - $149 and Luxury units run from $107 to a high of $159 a night. Price: In Escrow With no franchise fees to pay, this investment should have a cash flow of about $170,000 after all expenses, including mortgage or debt service. This is an excellent return for a $800,000 cash investment. With a lesser down payment, financing would not be available.