Hotel-Motel
Residence Inn Phoenix Gilbert
3021 E Banner Gateway Dr, Gilbert, AZ 85234
Listing Price: $29,000,000
Investment Overview
Marcus & Millichap has been chosen to exclusively market for sale the, Residence Inn Phoenix Gilbert, a four-story hotel located in Gilbert, an economically diverse suburb just east of Phoenix, Arizona. The hotel’s 100 guest rooms include a 37-inch flat-screen TV, work desk, fully equipped kitchen and a living/dining area. Hotel amenities include a heated outdoor pool & spa, fitness center, patio with firepit, complimentary breakfast and guest laundry facilities. Business amenities include a business center and
1,060 square feet of meeting space.
The property is ideally located 20 miles east of Downtown Phoenix and 19 miles from Phoenix Sky Harbor International Airport, which accommodates approximately 52 million passengers per year. The market is host to several museums, outdoor activities, casinos and venues for Phoenix’s professional sports teams. With 10 MLB Spring Training facilities nearby, the market is an attractive destination for baseball fans.
Residence Inn Phoenix Gilbert
Investment Highlights
- Turnkey Residence Inn by Marriott - Fully Renovated in 2024
- Well Located Next to Banner Gateway Medical Center - Providing Significant Extended-Stay Demand
- $140+ RevPAR Trailing Three Years
- 1 of only 4 Hotels Within Walking Distance to Banner Medical Facility
- Easily Accessible off the U.S. Route 60
- Gilbert's Population has Continuously Increased YOY for the past 20 Years
- Brand New 250,000 Sqft Google Data Center Currently Under Construction within 5 Miles of the Property - Estimated Completion Date of May 2025
- Property is encumbered by management
Exclusively Listed By
Financing By
Listing Price: $29,000,000
Investment Highlights
- Turnkey Residence Inn by Marriott - Fully Renovated in 2024
- Well Located Next to Banner Gateway Medical Center - Providing Significant Extended-Stay Demand
- $140+ RevPAR Trailing Three Years
- 1 of only 4 Hotels Within Walking Distance to Banner Medical Facility
- Easily Accessible off the U.S. Route 60
- Gilbert's Population has Continuously Increased YOY for the past 20 Years
- Brand New 250,000 Sqft Google Data Center Currently Under Construction within 5 Miles of the Property - Estimated Completion Date of May 2025
- Property is encumbered by management
Investment Overview
Marcus & Millichap has been chosen to exclusively market for sale the, Residence Inn Phoenix Gilbert, a four-story hotel located in Gilbert, an economically diverse suburb just east of Phoenix, Arizona. The hotel’s 100 guest rooms include a 37-inch flat-screen TV, work desk, fully equipped kitchen and a living/dining area. Hotel amenities include a heated outdoor pool & spa, fitness center, patio with firepit, complimentary breakfast and guest laundry facilities. Business amenities include a business center and 1,060 square feet of meeting space. The property is ideally located 20 miles east of Downtown Phoenix and 19 miles from Phoenix Sky Harbor International Airport, which accommodates approximately 52 million passengers per year. The market is host to several museums, outdoor activities, casinos and venues for Phoenix’s professional sports teams. With 10 MLB Spring Training facilities nearby, the market is an attractive destination for baseball fans.
Exclusively Listed By
Financing By
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