InnShopper > Inns for Sale > Arizona > Phoenix > ZenYard Inn Uptown Phoenix

ZenYard Inn Uptown Phoenix


Phoenix, AZ   Offered for sale at $799,000
 

We have created and ran this beautiful location and made a Euro like space with Salt Water Pool and spacious grounds and common spaces along with private rooms and many areas to relax at the property. We are completely enclosed with block wall and metal weaved fencing. On site parking has 10 spaces plus our 2 car garage. Room to grow we have plans for developing 2 more rooms and could do more if requested with the city. We have an existing Mortgage of approximately $450k that has a portion without interest or repayment and the other is an adjustable rate of 3% currently. We can wrap this loan so you could continue payments on the balance which is currently approximately $1800 a month.



Property Details
  • 5 Guest Rooms
  • 5 Guest Room Baths
  • Has Owner's Quarters
  • Built in 1954
  • Last Renovated in 2015
  • Opened in 2007
  • Building is 3,300 SQFT
  • Lot is 0.38 Acres
  • Photo Gallery
  • Property Website
Financial Details
  • Offered for sale at $799,000
  • Occupancy Rate: 60%
  • Average Daily Rate: 103
  • Annual revenue is $110,000
  • Terms: 450k loan 3% variable 40 yr mtg can be wrapped to continue $1850/mo A portion of the loan does not collect interest or repayment from modification made from Chase
  • Prequalify for Inn Financing on this property
Contact Information