Property Type:
Comm/Industry Sale
Square Footage:
20,876
Lot Size (sq. ft.):
48,787
Status:
Closed
Current Price:
$7,880,000
List Date:
5/15/2018
Last Modified:
2/22/2019
Description
**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.
Supplements: The hotel rests on pristine desert landscape in southwest Sedona with privacy and views. The hotel runs smoothly and autonomously with a dedicated culinary team, maintenance and housekeeping staff and contracted spa services. Every guest is treated with care. AGV offers investors and/or operators a stabilized cash flow and seasoned staff. This is the Crown Jewel of Sedona.
Listing Office: United CountryReal Estate-Arizona Property & Auction
Last Updated: February - 22 - 2019
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