Sold Real Estate due to

Adobe Grand Villas, a 16-unit Top Rated Boutique Hotel

This ad is marked as Sold


SOLD on Feb. 21, 2019 for $7,880,000

EXCLUSIVE LISTING is pleased to offer for sale The Adobe Grand Villas, a ±18,874 square foot 16-unit boutique hotel located in Sedona, Arizona (Yavapai County).

Be Transported; – Adobe Grand Villas is more than a retreat, it’ is an unforgettable experience. Each of the 16 themed private villas is a complete escape as the oneof-a-kind design works in tandem with exceptional service to relax the senses and provide comfort.

Built in 2004, The Adobe Grand Villas opened the doors in 2004. Comprised of 6 buildings, the hotel rests on ±1.12 acres of pristine desert landscape in southwest Sedona.

Guests are welcomed to the ±18,874 square foot property through an archway leading to a pool and spa retreat. Every guest is treated with care. Everything is taken care of. Always.

Property Highlights:
• NOI $700,000
• Stabilized Cash Flow
• Performing Staff and Management
• 6 Buildings
• 16 Villas
• Destination Location
• Top Rated Hotel Five Consecutive Years

Call for Offers (Broker Participation Welcome + Spiff).

Exclusive Listing, An Image Locations Company
James Kim

Members profile:

Advertised by: James Kim (click here to see full profile)

Ad Details

Property is Sold
Garage Spaces (put 0 if this does not apply) 32.00
Auto Use Allowed Part of the Building only
Price Info SOLD on Feb. 21, 2019 for $7,880,000
Price $8,900,000 USD

Buildings & Land

Property Name Adobe Grand Villas
Property Types Special Purpose
Land Types Commercial Other

Size & Value

Bldg. Size (Sq. Ft.) ± 18,874
Cap Rate 8%
Lot/Parcel Size ± 1.12 acres
Year Built: 2004
Rental Units or Spaces: 16
Other Units or Spaces: 6 buildings total.

Use & Status

Best Property Use There is also a business for sale at this property, This is an investment property
Construction Status: Existing Structures

For Sale at Auction

Auction Sale? No

Unique Sale Issues

Type of Sale Real Estate Agency Sale
Net Operating Income 722,000




Address 35 Hozoni Dr.
City Sedona
State AZ
Postal Code 86336
Country USA

Call Me!

Phone 310.906.4600
Ad id: 36103227
Ad views: 8324

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