397 South Malpais Lane
- Newly Built Asset with Minimal CapEx Needs | Built in 2023
- Modern, Branded Hotel Competing Against Aging Supply
- Globally Recognized Hyatt Place Flag with World of Hyatt Loyalty Distribution Capturing Corporate, Government, and Transient Leisure Demand Beyond Park Visitors
- Walking Distance to Northern Arizona University (NAU) with Diversified Demand Support and a $1.85 Billion Annual Economic Impact
- Gateway Location to Grand Canyon National Park and Sedona
- The Grand Canyon is Ranked #4 in Best U.S. National Parks by U.S. News in 2026
- High Visibility Along I-40 and Route 66
- Flagstaff is Expected to Capture Increased Visitation from the 2026 Route 66 Centennial
- Easily Accessible from Major Drive-To Markets Including Phoenix, Las Vegas, and Southern California
- Flagstaff Benefits from Strong Year-Round Tourism Driven by Outdoor Recreation and Regional Attractions
- 5 Miles to Flagstaff Pulliam Airport (FLG)
Property Description
Marcus & Millichap has been chosen to exclusively market for sale the Hyatt Place Flagstaff, a newly delivered (2023) 96-room select-service hotel located in Flagstaff, Arizona.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Hospitality |
| Price: | $19,900,000 |
| No. of Units: | 96 |
| Year Built: | 2023 |
| Opportunity Zone: | No |
| Price per unit: | $207,292 |
| Property Website | Click Here |
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