for sale
Infinity Inn & Suites
1701 W Baseline Rd | Tempe, AZ 85283
Investment Highlights
- Multiple Options Available – Branded hotel | 30 day rental | Apartments
- Independently branded offering a significant operational upside
- Turn Key Rooms – Quality condition with LVT flooring throughout
- Oversized rooms with fire sprinklers throughout
- Centrally located to multiple major demand generators, residential amenities, and public transportation
- Immediate highway access
- Priced below replacement cost
Property Description
NewGen Advisory is proud to present for sale the fee simple interest, in the 116 room Hotel Infinity Inn & Suites located in thriving Tempe, Arizona. This property can be flagged and operated as a limited service hotel, converted to a 30 day rental, or convert to an apartment complex. The hotel is already zoned by right to be converted to market rate or affordable housing apartments, with full support from the local town of Guadalupe.
The hotel is in turn key condition with oversized rooms, LVT flooring and fire sprinklers throughout. It is already approved to be converted to 72 apartments, making this building an ideal property for anyone looking for an asset with significant upside in the heart of Phoenix.
Location Description
The property boasts a prime location in the heart of Tempe, a vibrant city known for its dynamic mix of residential, commercial, and recreational amenities. Situated along Baseline Road, the property offers excellent accessibility to major thoroughfares, including I-10 and US-60, ensuring convenient connectivity to surrounding areas like Phoenix, Chandler, and Scottsdale.
The neighborhood features a diverse array of shopping centers, dining options, and entertainment venues, while nearby parks and green spaces provide opportunities for outdoor activities. Additionally, the property’s proximity to Arizona State University and thriving business hubs makes it ideal for those seeking a convenient and well-connected address in the Phoenix metropolitan area.
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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
Ryan Bodine
Senior Vice President
AZ #BR661940000
(480) 236-9918
ryan.bodine@newgenadv.com
Kishan Gohel
Senior Vice President
AZ #SA684403000
(480) 766-6014
kishan.gohel@newgenadv.com
BROKER OF RECORD
Dinesh “Dan” Rama
NewGen Advisory AZ, LLC
AZ #BR515223000