TUCSON, AZ (July 31, 2025) – The Comfort Suites at Sabino Canyon, a well-established 89-unit, midscale all-suite hotel located at 7007 E. Tanque Verde Road in Tucson, has sold for $7,510,000 ($84,382 per room). The buyer, Udev Properties of Gunnison, Colorado, acquired the property from Tucson Hotel Investments, closing the transaction on July 22, 2025.
Built in 1982, the two-story, exterior-corridor property is ideally situated near the Santa Catalina Mountains and Sabino Canyon Recreation Area, offering proximity to Tucson’s outdoor attractions, shopping, dining, and major corporate demand generators.
The property features 89 spacious suites equipped with mini-fridges, microwaves, flat-screen TVs, and separate living areas in select rooms. Guests enjoy a heated outdoor pool, spa, fitness center, complimentary breakfast, meeting facilities, business center, guest laundry services, and ample parking.
The hotel was absentee-managed, presenting strong upside for revenue growth under new ownership. Multiple rebranding options are available to reposition the property into an upper midscale or soft-brand affiliation with only minimal Property Improvement Plan (PIP) investment needed.
Market data shows this hotel outperforms its competitive set, with a T12 Market Penetration Index (September 2024) of Occupancy: 104.3%, ADR: 115.6%, and RevPAR: 119.4%. This means the property captured more than its fair share of guests, achieved higher average rates, and generated nearly 20% more revenue per available room compared to similar hotels in the market, highlighting its strong positioning and operational performance.
The deal was brokered by Dinesh “Dan” Rama (602-478-9636) and Jigar “Jay” Desai (520-664-4091) of NewGen Advisory of Phoenix, representing the seller.
“This was a strategic acquisition in one of Tucson’s most desirable submarkets,” said Jigar “Jay” Desai, Senior Vice President of NewGen Advisory. “The combination of prime location, strong demand generators, and value-add potential made this a highly attractive investment.”
Source: RED Comp #12007.