The Travelodge Casa Grande is presently operated as a 52 room limited service motel located just off Interstate 10 about midway between Phoenix and Tuscon, Arizona. The property was originally built as a 104 room full service hotel with a restaurant, lounge, and banquet room. The remaining 52 rooms located on the second floor are currently out of order and the food & beverage facilities are closed and utilized for storage. These rooms will require a full FF&E package to bring back into inventory. Room revenue has increased 40% in the last 12 months and continues to trend up. The motel affords a prospective buyer excellent upside potential as more rooms are renovated and available for sale. Price per key is less than $20,000.00.
The Hotel Inventory is a third party marketing site. Though we do not doubt the accuracy of the information above, we have not verified the data obtained from the listing party. We can make no guarantee, warranty or representation about the property’s information. Futhermore, this post was added shortly after the addition of the property to our main site, www.TheHotelInventory.com. We will keep this post as updated as possible, but highly suggest that you visit the site to view the latest updates regarding this property including, but not limited to, the property’s availability, price, and any financial information that might be available.
The Hotel Inventory is a real estate marketing firm specializing exclusively in the hospitality industry. Founded in 2009, The Hotel Inventory has quickly become an irreplaceable, full-service, marketing tool for hotel professionals across the nation. With over 800 properties posted for sale and strategic lead generation services, The Hotel Inventory has assisted in tens of millions of dollars in hospitality transactions to date.