for sale
Lux Verde Hotel
301 AZ-89A | Cottonwood, AZ 86326
Investment Highlights
- Renovated independent 53-unit boutique hotel with leased restaurant and bar
- 8.9% CAP rate based on 2024 performance
- Features 2,400 sq ft meeting room for events
- Inviting outdoor pool area
- SBA financing available for eligible buyers
- Strong leisure market in northern Arizona
- Opportunity for expansion | 4+ acres
Property Description
Presenting an exceptional investment opportunity in the thriving Cottonwood area, the Lux Verde Hotel – Cottonwood, AZ offers a 182,952 SF building with 53 modernized units, with a restaurant and bar, which are leased out. 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.
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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.
Dinesh “Dan” Rama
Managing Broker
AZ #BR515223000
(602) 478-9636
dan.rama@newgenadv.com
Suraj Rama
Associate
AZ #SA705370000
(602) 363-9589
suraj.rama@newgenadv.com