**Ownership Retirement Investment Opportunity - Established Boutique Hotel - Strong NOI - Adobe Grand Villas** The Adobe Grand Villas is an original owner, 16-unit (18,874 sqft), boutique hotel located in Sedona, AZ (Yavapai County). AGV is more than a retreat, it's an unforgettable experience. Each of the 16 themed private villas is a complete escape as the one-of-a-kind design works in tandem with exceptional service. Adobe Grand Villas is a unique and special Sedona business for sale that is a wonderful opportunity to enjoy as an active retirement business. Other uses include conversion to an exclusive Arizona addiction rehab and wellness center, or as a fractional ownership destination property. Property tours are by appointment only. Unannounced visits are strictly prohibited.
- Price:
- $8,750,000
- Bedrooms:
- 0
- Full Baths:
- 0
- Square Footage:
- 18,874
- Acreage:
- 1.12
- Year Built:
- 2004
- MLS #:
- 1012079
- Street Address:
- 35 Hozoni Dr
- City:
- Sedona
- State:
- AZ
- Postal Code:
- 86336
- County:
- Coconino
- Listing Status:
- For Sale - Active
Building
- Construction Description:
- Stucco, Frame - Wood
- Dwelling Type:
- Motel/
Hotel
- Flooring:
- Carpet, Wood, Tile, Concrete
- Interior Features:
- Bathroom
- Number Of Units:
- 16
- Stories:
- 2.0
- Total # Of Buildings:
- 6
- Total Building Square Footage:
- 18874
- Type Of Roof:
- Rolled/
Hot Mop, Tile
- Year Built:
- 2004
Business
- Business Description:
- Adobe Grand Villas
- Business Type:
- Boutique Hotel
- Net Operating Income:
- 575745.81
Land
- Conforms To Zoning:
- C-2
- Existing Land Use:
- Business For Sale
- Lot Size:
- 48787
Listing
- Date Available:
- 2018-06-01
Money
- Price Per Square Foot:
- 464.00
- Property Taxes:
- $42,994
- Tax Year:
- 2017
Rooms
- Bathroom Description:
- Public, Interior, Separate M And W, Ada
Structures
- Parking Description:
- On-Site
- Parking Spaces:
- 26
Systems
- Cooling System:
- Ceiling Fan(s), Central Air
- Heating:
- Natural Gas, Gas
Source
- Listing Provided By United Country Real Estate-Arizona Property & Auct
