TUCSON, ARIZONA -- The Red Roof Inn at 3704 E Irvington Road at the Tucson Airport was purchased by a California investor for $4 million, or $34,000 per room.
The seller, a Joint Venture between a Singapore investor and Westmont Hospitality Group purchased the property in a portfolio at an auction sale that contained 89 hotels with 10,715 rooms in 2015. There were two Tucson Red Roof Inns that sold in the $600 million transaction, the 118-room hotel at 3704 East Irvington Road (near Tucson International Airport) was purchased in Tucson for $2.89 million ($24,450 per room) and the 133-room hotel at 4940 West Ina Road in North Tucson was bought for $2.95 million ($22,208 per room) according to public records.
Since the acquisition, Westmont has been selling off the properties one at a time.
The rooms at this 100% Smoke Free inn feature comfy Rest Suite beds by Serta, high-end bedding, and a large, flat-screen TV. Elevators are also available for your convenience. Wake up and experience our complimentary coffeehouse-style coffee and tea in the lobby. Whether traveling for business, with friends or family, the hotel keeps the traveler just minutes away from some of the best experiences in the city.
To learn more, see RED Comp #8243.