12800 N Saguaro Boulevard AZ,

$8,500,000

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Property Description

12800 N Saguaro Boulevard

Sperry Commercial is pleased to present for sale the well-located and impeccably well-maintained LakeShore Hotel & Suites, a 104 room full service hotel located in the heart of Fountain Hills, AZ. Originally built as a Holiday Inn and converted to a Lexington Hotel in January, 2014, the property is presently named Lakeshore Hotel & Suites and is unencumbered by any franchise agreements. Listed at a price of $8,500,000, with an existing Credit Union loan of +/-$4,500,000. This loan may be paid off at close of escrow subject to a small prepayment penalty (see Listing Broker for details regarding this financing). *Minimal Competition in Area*Originally Built to Holiday Inn Specifications in 2005 *Not Burdened by Current Franchise Agreement *Situated On 3 Acres of Prime Downtown Land

sqft
SqFt 67,953
type
Type Commercial
zoning
Zoning C-2

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Essential Information

  • MLS® # 5905710
  • Price $8,500,000
  • Square Footage 67,953
  • Acres 3.22
  • Year Built 2005
  • Type Commercial
  • Sub-Type Commercial, Other
  • Status Closed
  • Office Sperry Commercial

Extended Details Show More Show Less

Community Information

  • Address 12800 N Saguaro Boulevard
  • State AZ

Amenities

  • Parking Spaces 100
  • Parking Other (See Remarks)

Interior

  • Interior Features Other (See Remarks)
  • Heating Other (See Remarks)
  • Cooling Other (See Remarks)
  • Stories 3 - 4 Stories

Exterior

  • Roof Other (See Remarks)
  • Construction Other (See Remarks)

Additional Information

  • Zoning C-2

Price Change History

12800 N Saguaro Boulevard

AZ, (MLS® #5905710 )

Date Details Change

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