Home2 Suites Chandler

Property Type
Hotel
Investment Type
DST
Brand
Hilton
Date of Investment
Location
Chandler, AZ
Keys
126
Units
Square Footage
Loan Type
Loan to Value
Loan to Cost
Total Origination

High-Growth Market

Located in Chandler, Arizona, 23 miles southeast of downtown Phoenix, the hotel benefits from the strong growth in the Phoenix-Mesa-Scottsdale metropolitan statistical area and the Chandler submarket. Chandler is the fourth largest city in Arizona, an integral part of the East Valley, and one of the nation's fastest growing innovation and technology centers.

Expanding Employment Hub

Chandler has emerged as one of Phoenix's fastest-growing employment hubs. The submarket attracts significant office relocations and expansions due to the East Valley's talented labor pool and the submarket's new office inventory. The hotel benefits from the technology and financial companies in the submarket, with major employers, including Wells Fargo, Intel, and Northrop Grumman close to the hotel.

Value-Add Opportunity

The quality of the hotel is enhanced through a renovation that includes upgrades to the lobby area, corridors and guestrooms.