$3,195,000
1422 N 44TH Street 0Phoenix, AZ 85008
MLS# 6150495
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Property DescriptionGreat opportunity in hospitality! Beautiful 35 room boutique hotel with spa services, fitness center/gym, managers apartment, Lobby with Gorgeous reception space and cafe/lounge (currently serving hot & cold drinks and repackaged snacks. Covid safe features include exterior breezeway corridors, individual ac units-no central filter system, no contact check in ability & more! -Renovation in 2016 converted this mason built office suite building w/two common restrooms into this hotel with Luxe touches! Extra parcel included in sale provides 46 total parking spaces: 23 covered, Access from two main roads and less than 2 miles from Sky Harbor! No franchise fees! Perfect for first time Innkeepers, owner/opporators or distant owners. Sale includes business, fixtures & real estate.
Details
Contract Info
Current Price: $3,100,000
List Price: $3,195,000
Status: Closed
List Date: 2020-10-19
Ownership: Fee Simple
Location, Tax & Legal
Map Code/Grid: Q36
House Number: 1422
Compass: N
Street Name: 44TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Country: US
County Code: Maricopa
Assessor Number: 125-18-043-E
Tax Year: 2020
General Property Description
Type of Property: Hospitality: Boutique Hotel
Ttl Apx SqFt Bldg: 14970
Ttl Apx Net Rnt Spc: 14463
# of Buildings: 1
Lot Size Dimensions: multiples/irregular shape
Year Built: 1981
Uncvrd Parking Spcs: 23
Zoning: C-2
Legal Info
Township: 1N
Range: 4E
Section: 6
Lot Number: E
Income & Expenses
Gross Annual Sch Inc: 644,390
Net Operating Income: 296,500
Sold Info
Loan Type: SBA
Loan Years: 30
Payment Type: Fixed
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Remarks Misc
Cross Street: 44th St and McDowell Rd.
Directions: South to Hotel Del Sol, West into parking lot; to west side/behind building and access to lobby
Geo Lat: 33.464683
Geo Lon: -111.987529
Status Change Info
Off Market Date: 2021-05-08
Under Contract Date: 2020-11-24
Close of Escrow Date: 2021-05-12
Sold Price: $3,100,000
Property Features
Building Type: Commercial; Other (See Remarks)
Business Type: Service Business; Other; See Remarks
Stories: 2 Stories
Construction: Block
Roofing: Metal; Other
Floors: Carpet
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Heat Pump; 2 or More Units; Other; See Remarks
Cooling: ENERGY STAR Qualified Equipment; Window/Wall Unit; Office A/C; Other; See Remarks
Loading Facilities: None
Interior Features: Finished; Fire Sprinklers; Smoke Detector(s); Security System; Security Light(s); Security Camera(s); Alarm System; Phone System; Private Restrooms; Other (See Remarks)
Exterior: Dual Street Ftg; Landscaping; Curb(s) & Gutter(s); Building Sign; Sidewalk(s); Security Light(s); Security Camera(s); Other (See Remarks)
Fencing: Partial; Security; Other
Building Features: Public Elevator(s); Accessible Entrance; Conference Room; Exercise Room; Reception Room; Clean Room; Cafeteria; Kitchen; Other (See Remarks)
Parking Features: Free; Private; Paved; Other
Electric: SRP
Gas: Other (See Remarks)
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Cash Only
Showing Notification Methods: Text
Lockbox Type: None
Source of Fincl Data: Owner; Books Shown
Road Surface Type: Asphalt
Environmental: None
Listing Office: RE/MAX Premier
Last Updated: May - 20 - 2026
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