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November 30, 2023
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Toronto Entity Buys 108-Room AZ Hotel


Toronto-based Sun Valley Hotels LLC has acquired the 108-room La Quinta Inn & Suites hotel asset in Peoria, AZ. The property is located at 16321 N 83rd Ave, just east of Hwy 101.

Photo: CoStar
Photo: CoStar
La Quinta features a heated outdoor pool, fitness center, and wi-fi as well offers a convenient location off Loop 101. The property is close to major amenities and venues including the Peoria Sports Complex, University of Phoenix Stadium, and Gila River Arena. It is also near Arrowhead Towne Center Mall, numerous golf courses, and an abundance of restaurants.

Bill Murney with Cushman & Wakefield represented the seller in the transaction. According to Murney, Sun Valley also previously bought and operates the Comfort Suites hotel located next door and is looking to gain operating efficiencies through complexing the two hotels.

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