Radisson Casa Grande

The Radisson Casa Grande is a 174-room Radisson by Choice Hotels franchise asset, delivering an 8.0% cap rate on current net operating income of $600,000. The 4-story property was originally constructed in 1987 and underwent a comprehensive renovation in 2021–2022, leaving the asset in excellent physical condition with minimal near-term capital requirements.

The hotel currently operates at 68% occupancy with an ADR of $119 and RevPAR of $81.52. The Radisson by Choice Hotels flag provides meaningful distribution leverage through the Choice Privileges loyalty program, supporting a diversified demand mix of corporate transient and leisure segments. Casa Grande's strategic location between Phoenix and Tucson along the I-10 corridor positions the property to capture strong regional drive-to demand from both metro markets.

The 2021–2022 renovation included a complete guest room refresh, lobby redesign, and F&B repositioning. The pricing reflects an attractive basis relative to replacement cost and recent comparable transactions in the Arizona market, with meaningful upside available through revenue management optimization and group business development.