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Robert Stiles Of RobertDouglas Represents Sale Of Hyatt Place Page Hotel For $24M
SOLD
$24,000,000
Arizona
See Similar DealsHotel
Sold 01/14/2026
SOLD
Robert Stiles Of RobertDouglas Represents Sale Of Hyatt Place Page Hotel For $24M
1126 North Navajo Drive
See Similar DealsHotel
Sold 01/14/2026
Summary
ARIZONA
Asset Type:Hotel
Transaction Type:Sale
The asset involved in this transaction is a hotel located at 1126 North Navajo Drive in Page, AZ. This property, known as the Hyatt Place Page, was sold for $24,000,000. It features 102 rooms and luxury amenities designed to attract a high volume of guests, with a price per key of $235,294. The hotel is strategically positioned near Lake Powell, drawing over 5 million visitors annually.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $24,000,000
- Address: 1126 North Navajo Drive
- Market: Page, AZ
- Keys: 102
- Price Per Key: $235,294
Robert Douglas, represented by Robert Stiles, facilitated the sale, playing a crucial role in the transaction of this prominent hotel property.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,279,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$85,266.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$113,772.24
Annual Debt Service$1,365,266.93
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