Active
IHG
Sonoran Extended Stay
location_onPhoenix, Arizona
$27,800,000
Asset Specifications
bed
124
Keys / Rooms
straighten
92,000 SF
Square Feet
calendar_today
2018
Year Built
stairs
4
Stories
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2.4 acres
Lot Size
pool
Outdoor
Pool
Investment Overview
A stabilized extended-stay IHG asset serving Phoenix’s Deer Valley employment corridor. Long average lengths of stay and a lean operating model produce best-in-class flow-through, making this an attractive yield play for private and institutional capital alike.
Financial Performance
Net Operating Income (NOI)••••••
Capitalization Rate••••••
Occupancy••••••
ADR••••••
RevPAR••••••
Gross Income••••••
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