Property Description
Presenting an exceptional investment opportunity in the thriving Cottonwood area, this property offers a 182,952 SF building with 53 modernized units, with restaurant and bar, which are leased ou. Built in 1984 and thoughtfully renovated in 2019, this establishment boasts contemporary amenities and a prime location. With a focus on providing unparalleled hospitality, this property is perfectly positioned to captivate the attention of potential limited service investors. Its meticulously maintained spaces and updated features ensure a seamless transition for new ownership. This establishment represents a compelling prospect for investors seeking to capitalize on the burgeoning hospitality market in the Cottonwood area.
Location Description
The Lux Verde Hotel, a distinguished boutique establishment, is nestled in the tranquil environs of Cottonwood, Arizona, offering guests unparalleled views of the picturesque Verde Valley. This hotel, having undergone a comprehensive renovation, stands as a preferred choice for both business and leisure travelers seeking a serene and convenient base in the vibrant heart of the Verde Valley. Embodying the essence of Arizona and the Southwest, the Lux Verde Hotel marries modern amenities with a comfortable, authentic atmosphere.
Strategically situated just off State Route 89-A, the hotel ensures effortless access to the myriad attractions within the Verde Valley. Its prime location further cements its status as an ideal choice for those wishing to explore the historic mining town of Jerome, AZ, as well as the breathtaking landscapes of Sedona, AZ. The Lux Verde Hotel is celebrated not only for its distinctive charm but also for its commitment to providing a memorable and luxurious stay for all guests.
Highlights
- 2019 Renovated Independent Boutique Hotel
- Leased Restaurant and Bar
- 2400 sq.ft Meeting Room for Events
- Inviting Outdoor Pool Area
- SBA Financing Available for Eligible Buyers
- Expansive Property Spanning Over 4 Acres