1650 North Oracle Road

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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.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Hospitality
Price: $1,150,000
No. of Units: 19
Year Built: 1946
Lot Size: 0.56 Sq ft
Opportunity Zone: No
Price per unit: $60,526
Property Website Click Here
Address: 1650 North Oracle Road, Tucson, AZ 85705, USA
Provided by:

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