Hunter Advisors has been exclusively engaged to solicit offers for the purchase of the 91-room TownePlace Suites by Marriott Tucson Airport (the “Hotel” or “Property”), an all-suite, extended-stay Marriott-branded asset positioned within one of Tucson’s most demand-dense corridors. The Hotel benefits from immediate proximity to Freeport- McMoRan’s Tucson Technology Center and Tucson International Airport, which handled approximately 3.9 million passengers in fiscal year 2025 and supports more than 42,000 regional jobs. Also nearby is the University of Arizona Tech Park, a 2 million-square-foot campus anchored by IBM, Raytheon, and Citi, and Caterpillar’s Tucson Mining Center. This corporate and industrial base is complemented by Tucson’s civic and cultural core, including the Tucson Rodeo Grounds, Pima Air & Space Museum, the Tucson Convention Center, and Reid Park Zoo, all within a 15-minute drive, giving the Hotel a diversified demand profile that spans weekday corporate, crew, and extended-stay guests alongside event-driven leisure and convention business.
The Hotel presents a compelling investment opportunity for a new owner. The Hotel is currently institutionally owned and operated, generating approximately $2.8 million in Total Revenue for the Trailing Twelve Months (“TTM”) ending August 2026 at a 17.4% NOI margin, a level well below the 35%+ margins achievable at extended-stay assets of this type under more localized, hands-on ownership. The Hotel achieved TTM August 2026 RevPAR of $81.21, ranking 2 of 6 within its competitive set. With ADR ranking 3 of 6, the anticipated change-of-ownership PIP presents an opportunity to enhance the Hotel’s product offering and drive rate growth. Offered at a basis below replacement cost, the Hotel provides investors an opportunity to acquire an extended-stay Marriott asset with embedded value creation potential, both through operational margin improvement and through post-PIP rate growth.