Price Reduced - VIRTUAL WALKTHROUGH BELOW
Radisson Hotel Yuma
Yuma, Arizona
List Price
$18,000,000
The Offering
Investment Highlights
- Significant Upside - Indexing < 75% Against STR Comp Set
- Multiple Flag Conversion Opportunities: Courtyard, Delta, City Express by Marriott, DoubleTree by Hilton, Hyatt Select, Hyatt Place, Unscripted by Hyatt, Garner, Atwell by IHG, Best Western Premier, Aiden by Best Western, Cambria, Ascend by Choice, Wyndham, Wyndham Garden, Mod by Sonesta, or Sonesta Core – With potential key money
- Property has a CMBS Assumable loan with the following Terms: 5.95% Rate, 30 Year Amortization, Maturity date of February 1st, 2029, Principal loan balance of $12.5M
- Adjacent Vacant Land Parcels Located Next to the Radisson Hotel (South & West) are Also for Sale, Together or Separate
- Yuma is Deemed as a Foreign Trade Zone by the U.S. Government as of 2023 - Allowing Yuma to Benefit from Global Trades and Promote Local Economic Development
- Situated in a Growing Regional Hub with Strong Tourism, Military, and Agricultural Demand
- Located Off the I-8 With Strong Highway Visibility - Over 26,000 Vehicles Per Day
- Located Less than 3 Miles from the Onvida Health Yuma Medical Center
- Multiple Developments are Underway in Yuma, Including True North Renewable Energy's New Plant (Construction Beginning Later This Year) and the EVelution Energy Plant (Construction Completion Expected in Late 2025)
- Yuma is Host to Many Outdoor Opportunities Such as Hiking, Biking, Rafting the Colorado River, and the Most Famous, Off-Roading Trails & Dunes All Located Within Close Proximity to the Radisson Hotel
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