- For sale
Opportunity to acquire the fee simple interest in the Adobe Village Inn at 150 Canyon Circle Drive in Sedona, Arizona. This 15-unit boutique inn is on three parcels, consisting of ±1.08 acres and is positioned well for growth under new ownership.
Contact brokers to request the offering memorandum.
The Inn is just off SR 179, the main throughway connecting I-17 to Sedona and approximately two hours from Phoenix. The property is conveniently located minutes from hiking trails, restaurants, shops and galleries, allowing guests plenty of options to fill their vacation itineraries.
The Inn contains 15 rooms total, consisting of four Villas, seven Inn Rooms and four two-bedroom Red Rock Suites. Each of the guest rooms are uniquely designed and decorated with guest comfort in mind, with every room providing free Wi-Fi, flat screen TVs, hair dryers, irons, in-room coffee and plush linens and robes. The Villas and Red Rock Suites offer additional in-room amenities.
Common area amenities include an outdoor hot tub, movie library, large outdoor gas fire pit and outdoor gardens/courtyard, with a sitting area that provides fabulous Red Rock views.
The Red Rock Suites could easily be converted to condos or apartments, with little to no additional cost. These four two-bedroom units are on a separate parcel, a short walk from the Inn’s lobby. Units have full kitchens and laundry, which help facilitate a relatively simple conversion to individual apartments or condominiums.
The Sedona market continues to have strong recovery and growth after the onset of the coronavirus pandemic. As domestic and international travel rebounds, the Inn’s performance projects to achieve new highs.
Sedona straddles the county line between Coconino and Yavapai Counties in northern Arizona. Sedona is a tourist destination, with the spring and fall months as peak seasons. However, it is also a popular spot in the winter for visitors seeking traditional winter weather, and in summer for travelers looking to escape the extreme heat in nearby cities to the south.