Address: 1650 N Oracle Rd, Tucson, AZ 85705, USA
Created date: September 23, 2024
Date last updated: October 31, 2024
- PRIME LOCATION in Central Tucson, Near University of Arizona and Downtown Tucson
- Priced Right for Either Hotel Owner/Operator or Affordable Housing / Non-Profit Organization
- Well Maintained with Pride of Ownership
- 8 Units Include Full Kitchenettes, Rest of Units Offer Water, Gas, and Electric Hookups Already in Place
- Located in an Opportunity Zone
Property Description
NewGen Advisory is proud to present the Quail Inn located in Tucson, Arizona. Listed under replacement cost, this hotel is a great opportunity for an investor looking for a turn key property with a great return. This is an ideal opportunity for either an owner/operator or for an alternative use investor looking to repurpose this to a more productive use. Whether the property be kept as a motel or be changed into apartments, affordable housing or operate as a non-profit shelter - the property will thrive. The City is in full support for these conversion projects due to Tucson's severe housing shortage.