This two-story, 128-key asset features high quality, extended stay amenities with limited near-term capital needs, providing a highly attractive, turn-key acquisition opportunity for new investors. Situated on +/- 3.89 AC, the Hotel features fully equipped kitchens, an outdoor pool, fitness and business centers, and barbeque and picnic area. The Property’s highly functional layout and excellent physical plant would be difficult to replicate at today’s construction costs, providing investors with an attractive basis well below replacement value.

Tucson’s prime Southwestern location and associated intermodal transportation networks, like Tucson International, the Port of Tucson, and Interstates 10 and 19, strategically position the Hotel in a highly accessible area exposed to a diverse assortment of demand. The Sonesta is proximate to key area economic drivers, like the University of Arizona, which enrolls over 56,000 students and exists as one of the region’s main employers, Davis-Monthan United States Airforce Base, Banner-University Medical Center, and several other regional hospitals. Additionally, Tucson Electric Power, Amazon, Caterpillar, and the city’s 6.2 million annual visitors contribute to reliable, year-round demand for the Hotel.

The Sonesta ES Suites is offered free and clear of management, presenting investors with the opportunity to drive upside from cost efficiencies, a more active sales and marketing strategy, and improved local management. Though the Property is currently underperforming compared to its competitors, its exceptional location within Tucson’s flourishing economy enables new owners to reposition the market strategy and drive upside from the region’s competitive extended-stay demand profile. This fee-simple Hotel stands out as a compelling acquisition in a thriving desert market of Arizona.