for sale

GreenTree Inn

2596 Navajo Blvd | Holbrook, AZ 86025

Price:
$3,500,000
Number of Rooms:
59
Building Size:
23,775 SF
Lot Size:
1.57 AC
Year Built:
1992
Renovation Completed:
2022
Hotel Type:
limited Service

Investment Highlights

  • 59 units, two-story, exterior corridor
  • Priced under $60K/key
  • Absentee managed, opportunity to increase both revenues and NOI with an owner-operator
  • Fully renovated property with no PIP
  • Large updated manager’s apartment on-site
  • Financing available for qualified buyers

Property Description

Jigar “Jay” Desai, Ryan Bodine, and Kishan Gohel of NewGen Advisory are proud to present for sale the GreenTree Inn – Holbrook, AZ. This economy, 59-room franchise hotel operates under the GreenTree Hospitality Group brand and has been successfully serving guests since June 1992. Situated on a 1.57-acre parcel with C-2 zoning, the property features a two-story building with exterior corridors. Its convenient interstate location offers consistent traveler traffic and accessibility, appealing to both leisure and business guests.

The hotel provides essential guest amenities including high-speed internet access, a business center, a fitness center, and smoke-free accommodations. Backed by a franchise affiliation with GreenTree Inn, the property benefits from strong brand recognition and support while maintaining operational flexibility. The asset’s stable performance, manageable size, and solid infrastructure make it an attractive opportunity for investors seeking a cash-flowing hospitality asset with upside potential through operational efficiencies or light repositioning.

Location Description

Nestled in northeastern Arizona, Holbrook serves as a historic gateway to the American Southwest and the famed Petrified Forest National Park. Once a thriving stop along Historic Route 66, the city continues to embrace its rich Western heritage and small-town charm while attracting travelers exploring Arizona’s scenic landscapes. With a population of roughly 5,000 residents, Holbrook is the county seat of Navajo County and plays a vital role as a commercial and service hub for the surrounding region. 

The area’s economy is supported by tourism, government services, education, and outdoor recreation. Its central location along Interstate 40 provides convenient access to major destinations such as Flagstaff, Winslow, and Gallup, as well as nearby Native American cultural sites. Holbrook’s blend of historic significance, natural beauty, and accessibility makes it a dynamic destination for both visitors and residents alike.

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Click the “Complete Confidentiality Agreement” button below to access the due diligence files. After you submit the CA form, you will receive an automated email with links to the due diligence files and offering memorandum. 

Jigar “Jay” Desai
Senior Vice President
AZ #SA675144000
(520) 664-4091
jigar.desai@newgenadv.com

Kishan Gohel
Senior Vice President
AZ #SA684403000
(480) 766-6014
kishan.gohel@newgenadv.com

Ryan Bodine
Senior Vice President
AZ #BR661940000
(480) 236-9918
ryan.bodine@newgenadv.com

BROKER OF RECORD

Dinesh “Dan” Rama

NewGen Advisory AZ, LLC

AZ #BR515223000

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