Stately & beautiful historic Tucson Queen Anne Victorian restored to her original 1899 grandeur. Antique & vintage themed boutique hotel style SUITES (not rooms) with all the modern amenities, WiFi, LCD TVs, extra private and the best location in Central Tucson. Spacious studio suites with private entrances and kitchens...
Designed by famed Southwest designer Henry C Trost at the turn of the century & listed on The National Register of Historic Places. (historic Tax credits in place)
FEATURED IN THE MARCH 2013 ARIZONA HIGHWAYS MAGAZINE
THE FUTURE LOOKS VERY BRIGHT BY THE UNIVERSITY OF ARIZONA
1000's of student beds are being built right now... and they all have parents and family that are potential regular clients. This business barely felt the recession as revenue increases annually by 5% or more... Purchaser will reap immediate positive cash flow...
SELLING TOTALLY TURNKEY!..
Possible short term owner financing with 25% down.
Complete 3 year P&L occupancy reports, financials, bank records etc. available at the below link. Contact owner for the password.
$121k N.O.I and $78.12 RevPar (see detailed financial link below)
Room rates will be raised $20 across the board in January 2015 after 4 years without an increase in rates.
Strong repeat customer base especially with the UofA. Complete computerized guest history and revenue records from day-one...
PAINTED LADY... Featured in Arizona Highways Magazine.
Opened for business in 2005 - We have been restoring her for 8 years. We have we put a ton of effort and money into the restoration and building a steady repeat business. The exterior is original and constantly being photographed from the street. The interior is a cash cow of seven studio apartments near the UofA plus a 2bd 2ba owners quarters. quarters.
EXTENDED STAY - VACATION RENTAL.
Full kitchen suites (studio apartments) afford flexibility whereby traveling businessmen and University related long-term guests keep the cash flowing during the off-season. We do a steady business of weekly and vacation rentals. Therefore we are seldom vacant even during the hot summer months. In 2014 the RevPar climbed to $78.12.
Don't want to be a B&B?? The Inn is has seven furnished luxury studios. (plus the 2 bd owners quarters) Each furnished studio can rent for $1300 per month because of the fun, unique property and location.
The beautiful Queen Anne Victorian is finally ready and prime for weddings. The demand is great! With that "Oh honey, stop!" curb appeal that tugs on the heartstrings. Constantly being photographed from the street... You benefit from our preparation to fill this profitable niche.
The best is yet to come over the next few years as this Tucson university neighborhood is BOOMING. Do your market research to find this to be factual!! The new Tucson Streetcar is only 2 blocks away. University is 8 blocks away. Downtown Tucson 6 blocks away... "Stay where you can walk everywhere".
The Big Blue House Inn is located directly on the new 'University Bike Boulevard', "Tucson's friendliest biking spot". Park your car and walk only two blocks to "The cultural center of Tucson", Historic 4th Avenue for a great selection of restaurants & shops. Or, use our loaner bikes...
Check out our website for much more and many images.
DO NOT CALL THE INN RESERVATION LINE. Use the Contact Us form or call the owner by the number below. (no sales calls please)
- Built in 1899
- Historic Registry
- 10 years as B&B
- Last renovation in 2012
- For Sale By Owner
- 7 Guest Rooms
- 9 Guest Bathrooms
- Lot size: 0.33 acres
- 10 Parking Spots
- Has owner's quarters
- For Sale By Owner
- 63.89% annual. occ. rate
- $141.00 avg daily rate
- $173,000 gross revenue
- $173,000 room revenue
144 East University Blvd. Tucson, AZ 85705