| Since the owner’s acquisition, significant investments have been made, including new furniture, AC Units, and vinyl flooring. |
| Lake Havasu generates significant demand from California and Arizona travelers who take advantage of the scenic area and aquatic activities. |
| A new operator could improve the current operations by completing the renovations and improving the local comp set penetration. |
| The property is currently absentee operated. |
| An existing operator in the STR Market can scale their existing management network and sales team to improve upon the Running 12 Month RevPAR. |
| No New Supply in Pipeline |
Simon Assaf
Matthews Real Estate Investment Services
