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OLD SCOTTSDALE INN 7110 E. Indian School Road Scottsdale, Arizona. Existing Hotel Entry.
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OLD SCOTTSDALE INN7110 E. Indian School RoadScottsdale, Arizona
This is an existing 65 room hotel in downtown Scottsdale, Arizona.2 floors, built 41 years ago (1966) and renovated 3 years ago (2004). Check In: 3:00 PM, Check Out: 12:00 PM.Amenities include an existing swimming pool with a patio area. Free high-speed Internet in public areas, hot tub, fitness room, business center and free parking. Room Amenities include air conditioning, free high-speed internet and cable TV.Less than a 5 minute walk to all the restaurants, shops, entertainment and art galleries.
The New Scottsdale Inn Plans have been approved for a new design for the Scottsdale Inn.
Fully Entitled • Features: • 44,000 +/- square feet under roof • This property has two levels • Wine/Bar Restaurant Next to the Pool Side • Exercise Gymnasium • Lobby • Currently there are 65 rooms • Plans to reconstruct to 40 rooms • Full entitlements for condominium conversion. (20 Units for hotel rental). • Full entitlements for one seventh fractional shares 20 rooms (to avoid summer months)
Construction & Sales Costs • Demolition and Reconstruction $15,000,000 • 20 Units at 1/7th Fractional Shares • 1/7th Fractional Share Purchased at $375,000 (Average Sales Price) • Total Gross Fractional Share Sell Out $52,400,000
Fire Sale Price with all plans and entitlements included have changed!For information call John A. LiSanti 415-407-2223