$5,100,000
Goodyear, AZ 85338
MLS# 5928392
Status: Closed
31682 sqft
1 / 8
Property Description
BANKRUPTCY SALE - SUPER 8 BY WYNDHAM - 13.12% CAP RATE! Starting Bid - $3,175,000. Rare opportunity to purchase this 90-room Super 8 Hotel by Wyndham in a bankruptcy sale. The property is well positioned within the Interstate 10 corridor in Goodyear, Arizona - one of the fastest growing cities in the Greater Phoenix area. Interstate 10 is a primary connector between Phoenix to California. The mix of guest rooms includes 72 rooms with two Queen sized beds, 8 rooms with one Queen sized beds; four of which are handicap accessible, and 10 rooms with one King sized beds. Parking Ratio of 1.28 spaces per rentable room 90 parking space including 5 Truck/RV spaces, plus an additional truck parking lot Hotel Affiliation - Wyndham Hotels. See Documents tab for Bidding Instructions.
Details
Documents
Contract Info
Current Price: $5,100,000
Sold Price: $5,100,000
Status: Closed
List Date: 2019-05-20
Ownership: Fee Simple
Location, Tax & Legal
Map Code/Grid: Q29
House Number: 840
Compass: N
Street Name: Dysart
St Suffix: Road
City/Town Code: Goodyear
State/Province: AZ
Zip Code: 85338
Country: US
County Code: Maricopa
Assessor Number: 500-03-269-L
Tax Year: 2018
General Property Description
Ttl Apx SqFt Bldg: 31682
# of Buildings: 1
Year Built: 1985
Uncvrd Parking Spcs: 90
Zoning: MH, C-2, C-G
Sold Info
Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Remarks Misc
Cross Street: Dysart Road, and Interstate 10
Directions: South on Dysart Road from Interstate 10. The property is on the West side of the road, behind the Waffle House.
Geo Lat: 33.455288
Geo Lon: -112.342738
Status Change Info
Off Market Date: 2019-08-20
Under Contract Date: 2019-06-07
Close of Escrow Date: 2019-09-11
Sold Price: $5,100,000
Property Features
Building Type: Commercial
Business Type: Other; See Remarks
Stories: 2 Stories
Construction: Wood Frame
Roofing: Composition
Floors: Vinyl; Ceramic Tile; Carpet
Ceiling Height: 8.1 Feet to 10 Feet
Cooling: Window/Wall Unit
Loading Facilities: None
Interior Features: Finished; Finished to Suit
Exterior: Roof Sign; Pole Sign; Building Sign; Monument Sign
Fencing: Block
Building Features: Exercise Room; Reception Room
Parking Features: Private; Paved
Electric: SRP; City Electric
Gas: SW Gas
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Cash Only
Special: Court Approval Required
Source of Fincl Data: Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Road Surface Type: Asphalt
Environmental: Other (See Remarks)
Bidding Instructions 
Listing Office: R.O.I. Properties
Office Phone: 602-319-1326
Office Email: [email protected]
Last Updated: January - 29 - 2025
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