Executive Summary

Willcox Inn 921 N. Bisbee Ave, Willcox, AZ 85643

96 Rooms

Table of Contents:

• Property Information

• Location Information

• Property Pictures

Property Information

OFFERING SUMMARY:

No. Rooms 96

Building Size 24,000 SF

Property Type Hospitality

Property Sub-Type Motel

Sale Type Investment

No. Stories 2

Year Built 1983

Corridor Exterior

Los Size 2.45 AC

Building Class C

Description:

Willcox Inn in Willcox, Arizona is a 2 story, exterior corridor hotel with 96 guest rooms that

was built in 1983. The property currently under new management and have made

improvements. The property does include a Manager’s quarters with two bedrooms, a full

kitchen, laundry and a living room. The property is priced far below replacement cost and

conveniently located in Southern Arizona on the busy Interstate 10, which runs across

Southern United States, from California to Florida.

Property Highlights:

• Motivated Seller

• Highway I-10 Exposure

• Huge Parking Lot

Location Information:

About Willcox Arizona

Willcox is a city in Cochise County, Arizona, United States. Originally known as "Maley",

the town was founded in 1880 as a whistle stop on the Southern Pacific Railroad. It was

renamed in honor of a visit by General Orlando B. Willcox in 1889. In the early 20th

century, Willcox had the distinction of being a national leader in cattle production.

Agriculture remains important to the local economy, but Interstate 10 has replaced the

railroad as the major transportation link, and much of the economy is now tied to the

highway, which runs immediately north of the town.

Willcox is the birthplace of Rex Allen, known as "The Arizona Cowboy", who wrote and

recorded many songs, starred in several Westerns during the early 1950s and in the

syndicated television series Frontier Doctor (1958–1959). Willcox was among the locations

of 26 Men (1957–1959), another syndicated series that depicted true stories of the Arizona

Rangers starring Tristram Coffin and Kelo Henderson. Parts of the 1993 American neo-noir

film Red Rock West starring Nicolas Cage, Lara Flynn Boyle, J. T. Walsh and Dennis

Hopper were filmed in Willcox, AZ.

Willcox Wine Country

Willcox is home to Arizona's upcoming wine country. Grape varietals grown include Petit

Sirah, Malvasia Bianca, Sangiovese, Chenin Blanc, Syrah, Colom bard, Sauvignon Blanc,

Corvina, Merlot, Malbec, Tannat, Cabernet Franc, Chardonnay, Tempranillo, Cabernet

Sauvignon and Mourvedre. The Willcox wine region produces 74% of the wine grapes

grown in the state of Arizona.

Nearby Attractions

• Fort Bowie Histroic Site

• Chiricahua National Monument

• Chiricahua Regional Museum

• Rex Allen Museum & Cowboy Hall of Fame

• Cochise Stronghold

• Kartchner Caverns

• Amerind Museum/Foundation

• Tomstone – OK Corral

Nearest Major City

• Tucson, AZ – 85 Miles

• Phoenix AZ – 195 Miles

Nearest Major Airport

• Tucson International Airport – 77.4 Miles

• Phoenix Sky Harbor International Airport – 191 Miles

Businesses Nearby:

• Ace hardware Store

• Safeway

• Northern Cochise Community Hospital

• Sierra Lumber

• TA Truck Stop

• Inde Motorsports Ranch

• Nature Sweet Tomatoes Farms

• Valley TeleComm Group

• Apple Annie’s Country Store

• Carlson Creek Vineyard

• Coronado Vineyard

• Zaprpara Vineyard

Daily Traffic Count on I-10: (14350)

Weather:

Hospitals and medical centers in Willcox:

CHARLES W LEIGHTON, JR HOSPICE (524 WEST MALEY PLACE)

NORTHERN COCHISE COMMUNITY HOSPITAL (Government - Hospital District or

Authority, provides emergency services, 901 WEST REX ALLEN DRIVE)

NORTHERN COCHISE NURSING HOME (901 WEST REX ALLEN DRIVE)

Political contributions by individuals in Willcox, AZ

Airports and heliports located in Willcox:

Airports and heliports located in Willcox:

Cochise County Airport (P33) (Runways: 1, Itinerant Ops: 7,500, Local Ops: 500, Military

Ops: 500)

Ammon Airport (AZ14) (Runways: 1)

Inde Motorsports Ranch Airport (93AZ) (Runways: 1)

Leroy Airport (4AZ9) (Runways: 1)

Northern Cochise Community Hospital Heliport (AZ16)

Colleges/universities with over 2000 students nearest to Willcox:

• Eastern Arizona College (about 41 miles; Thatcher, AZ; Full-time enrollment: 3,810)

• Pima Community College (about 62 miles; Tucson, AZ; FT enrollment: 18,794)

• Cochise College (about 63 miles; Douglas, AZ; FT enrollment: 8,597) • Pima Medical Institute-Tucson (about 64 miles; Tucson, AZ; FT

enrollment: 2,357) • University of Arizona (about 66 miles; Tucson, AZ; FT enrollment: 36,324) • Western New Mexico University (about 98 miles; Silver City, NM; FT

enrollment: 2,456) • Central Arizona College (about 117 miles; Coolidge, AZ; FT

enrollment: 4,893)

STR Report:

Property have only 25% Market share. New Owner can take it to the new level with minimum efforts.

My Property 5.2% -61.5 10.4% -33.3 7.3% -30.0 13.5% -7.1 7.3% -53.3 9.4% -50.0 18.8% 12.5 10.3% -31.7

Comp Set 27.8% -16.6 35.4% -16.7 41.5% -22.8 41.9% -17.1 28.2% -35.3 25.3% -55.2 30.3% -29.5 32.9% -28.7

Index (MPI) 18.7 -53.9 29.4 -20.0 17.6 -9.4 32.3 12.1 25.9 -27.8 37.1 11.7 61.8 59.6 31.2 -4.2

My Property 45.81 11.1 45.76 13.1 48.20 36.2 48.84 24.7 47.85 13.1 47.77 22.9 40.93 2.6 45.80 15.2

Comp Set 57.12 -2.3 56.48 1.2 56.56 -3.5 54.33 -6.3 56.14 -3.9 56.75 -3.0 57.84 -0.6 56.35 -2.9

Index (ARI) 80.2 13.7 81.0 11.7 85.2 41.1 89.9 33.1 85.2 17.8 84.2 26.7 70.8 3.3 81.3 18.6

My Property 2.39 -57.3 4.77 -24.6 3.51 -4.6 6.61 15.8 3.49 -47.2 4.48 -38.5 7.67 15.4 4.70 -21.3

Comp Set 15.88 -18.5 19.98 -15.7 23.48 -25.4 22.75 -22.4 15.81 -37.9 14.34 -56.6 17.54 -30.0 18.54 -30.8

Index (RGI) 15.0 -47.6 23.9 -10.6 15.0 27.9 29.1 49.1 22.1 -15.0 31.2 41.5 43.8 64.8 25.4 13.7

% Chg % Chg

ADR

RevPAR

% Chg

Occupancy

April 22, 2018 - April 28, 2018

Sunday Monday Tuesday Wednesday Thursday Friday

% Chg % Chg % Chg % Chg

Saturday Total

% Chg

April 2018: Competitor performed at $19.01 Revenue Per Available Room

Under $7,000 per room – will not last long

My Property 6.5% -63.8 8.6% -50.7 8.3% -48.4 8.1% -50.8 6.8% -50.0 10.2% -35.0 14.1% -12.9 8.9% -44.8

Comp Set 23.6% -47.2 31.0% -41.5 39.3% -30.0 34.6% -35.9 31.3% -38.4 32.8% -40.0 36.0% -35.1 32.6% -38.0

Index (MPI) 27.6 -31.4 27.8 -15.7 21.2 -26.3 23.4 -23.3 21.6 -18.9 31.0 8.3 39.1 34.3 27.4 -11.0

My Property 42.34 7.8 45.49 14.1 47.56 17.3 47.72 16.5 46.14 13.1 46.47 13.0 40.23 -2.8 44.77 10.5

Comp Set 58.35 -4.6 58.46 -2.3 57.77 -2.7 56.61 -5.7 58.31 -2.9 58.58 -3.4 59.86 -2.6 58.27 -3.4

Index (ARI) 72.6 12.9 77.8 16.8 82.3 20.6 84.3 23.6 79.1 16.5 79.3 16.9 67.2 -0.2 76.8 14.4

My Property 2.76 -61.0 3.91 -43.8 3.96 -39.4 3.85 -42.7 3.12 -43.4 4.72 -26.5 5.66 -15.4 4.00 -39.1

Comp Set 13.75 -49.6 18.10 -42.9 22.68 -31.9 19.57 -39.5 18.26 -40.1 19.19 -42.0 21.55 -36.8 19.01 -40.1

Index (RGI) 20.1 -22.5 21.6 -1.6 17.5 -11.1 19.7 -5.2 17.1 -5.5 24.6 26.6 26.2 34.0 21.0 1.8

ADR

RevPAR

Occupancy

Running 28 Days (by Day of Week)

Sunday FridayWednesday ThursdayMonday Tuesday

% Chg

Saturday Total

% Chg % Chg % Chg% Chg % Chg % Chg % Chg