Red Rock Inn
Red Rock Inn
1000 S Freeway
Tuscon, AZ
$2,800,000
42 Rooms
Interior Corridor
ROB LAMB
Property Information
| Address: | 1000 S Freeway Tucson, Arizona 85745 |
| Building Size: | 14,950 SF |
| Lot Size: |
0.72 Acres |
| Parcel ID: | 116-23-142C |
| Zoning: | C-2 Commercial |
| Price: | $2,800,000 |
| Parking: | 28 Spaces |
| Property Description: |
|
Property Highlights:
- Managers Suite onsite
- Office
- Laundry Facilities
- Interior Corridor
Room Highlights:
- Wall mounted air conditioning
- Single and Double Occumpancy Rooms
- Furniture to convey with sale
- Fridge & Microwave in units
- Large Bathrooms
Managers Quarters:
- Large bathroom with shower and tub
- plenty of cabinet space
- Bedroom, Living Room, Kitchen wit bar area, and Bathroom
Location Highlights:
- Minutes from U of A & Downtonw
- Close to Tucson Convention Center
- Near I-10 & I-19 Interchange
- Located in an Opportunity Zone
SureStay Phoenix – Additional Information
Parking: 28 Spaces
Year Built: 1953
Number of Rooms:
- Single Bed: 22 Rooms 325 SQFT
- Double Bed: 20 Rooms 355 SQFT
- Manager Suite: 1 Room 700 SQFT
Room Highlights:
- Wall Mounted Air Conditioner
- Single & Double Occupancy Rooms
- Possible to Convert to Apartments
- Furniture to Convey
- Cable TV wired centrally with individual room access
- Currently not on a Cable contract
- 5 ground floor adjoining rooms
- 4, 2nd floor, adjoining rooms
- Gem show = about $4k/room
- Gem Show Revenue – 10 stalls in front lot about $1500/stall (not included in revenue)
- Concrete construction, exterior walls and between rooms
Current Price Per Room:
- 1 Bed – $70+ Tax
- 2 Bed – $85+ Tax
- ADR for Month January – $81
- ADR for Month February – $96
*ADR=Average Daily Rate
New Equipment:
- 2019 – Installed new central A/C
- 2021 – New Water Heater Installed
- 2021 – New Water Softener Installed
Property Highlights:
- Value Add Opportunity
- Near Downtown, U of A, & Gem Show
- Opportunity Zone
- Laundry Facilities
- Managers Suite
- Office
SureStay Phoenix – Resources
Contact Rob Lamb
If you’d like to get in touch with Rob Lamb Reality about this property, please feel free to call Rob directly on his cell phone at (520) 444-4411 or emailing him at roblamb@roblamb.com.