$10,950,000

Description

Hoel Reserve is a rare 23-cabin boutique resort and event venue set beneath the dramatic forested walls of Oak Creek Canyon along scenic State Route 89A. Originally established as Don Hoel's Cabins, this legacy property has been extensively repositioned with updated cabins, furnishings, technology and major infrastructure improvements, while preserving the privacy, individuality and natural character that make the setting extraordinarily difficult to replicate. The offering includes 23 furnished guest cabins, ceremony lawn and gazebo, Rosewood Hall event venue, bridal and groom cottages, laundry, garage and support improvements. Recent capital investment includes newer underground electrical, newer well/pump infrastructure, property-wide Wi-Fi, upgraded roads/pathways and an onsite... ... wastewater treatment facility utilizing reclaimed water for landscaping. County approvals are in place for 9 additional guest units, providing future key-count expansion potential. The property is well suited for boutique hospitality, weddings, retreats, group buyouts and experiential lodging. Proposed resort parcel is approximately 14.35 acres, subject to final survey and approved land division. Adjoining Oak Creek Canyon Basecamp café, market, commercial kitchen, tour operation and creekside property may also be available, creating an opportunity to retain the broader 27+ acre assemblage. Hoel Reserve should not be evaluated solely as a conventional hotel investment; its value lies in the combination of hospitality operations, underlying real estate, extensive infrastructure, privacy, setting, event revenue and future potential. Appointment only. Do not disturb guests or employees. Proof of funds may be required prior to release of detailed financial information.