Hilton Tucson East
ASSET OVERVIEW
TUCSON | ARIZONA
ABOUT THE ASSET
Acquired in 2016 for $9,300,000, this 232-room Hilton hotel is situated between Downtown Tucson and Saguaro National Park in southeast Arizona. The Hilton Tucson East was completed in 1987 and underwent a complete property improvement plan totaling $11.3 million, and was renovated in 2018.
It consists of an outdoor terrace with food and beverage services, outdoor pool and spa, a full restaurant, business center, fitness center, and +/- 8,000 square feet of meeting and event space. Although renovated in 2018, Caliber initiated a $11,300,000 Property Improvement Plan (PIP) upon acquisition of the asset in 2016 to secure a 10-year agreement with the Hilton brand. This property was purchased by Caliber Hospitality Trust Inc. on March 31, 2023, for $31,324,215.
LOCATION
7600 East Broadway Boulevard, Tucson, AZ 85710
ARTICLES
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