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Auction of Luxury Ranch Resort on 420 Acres in Southeast Arizona Announced by Hilco Real Estate

Mar 26, 2014

Sunglow Ranch Resort was recently awarded #19 of Top Small Hotels in the US in 2013 by TripAdvisor

March 21, 2014 Northbrook IL — Hilco Real Estate, LLC (www.HilcoReal.com) announced an upcoming auction of the award-winning Sunglow Ranch Resort in Pearce, Arizona on May 2.  The exclusive resort is located within the scenic Chiricahua Mountains, approximately 2 hours west of Tucson, and abutting 200,000 acres of Coronado National Forest.  The property was recently named #19 of the Top 25 Small Hotels in the US by TripAdvisor in 2013.   

The property offers an excellent opportunity for a new owner/operator to invest in a turnkey operation with first-class amenities and a strong clientele/reputation within the market.  Spanning 393 private acres, the resort is comprised of 10 luxury lodges ranging in size from studios (758 SF) to three bedroom suites (1,692 SF), a main clubhouse and restaurant (the Sunglow Café) complete with professional gourmet kitchen, a 45-foot solar heated pool, outdoor hydro-spa, fitness room, treatment room, regulation bocce and horseshoe courts, fully-equipped conference room and four outdoor equestrian corrals. To take advantage of the stocked pond and miles of trails that surround the property, guests are provided with complimentary mountain bikes, canoes, and fishing equipment, which will be included with the sale.  In addition to several utility/maintenance buildings, the property includes significant additional acreage ideal for possible future development, subdividing or selling.

A separate 27-acre parcel adjacent to the resort, which features a single family home and abundant grazing land, is being offered separately for $250,000.  This site is ideal as a personal residence for the owner or manager of the resort.

Alternative reuse/redevelopment opportunities for the property include an exclusive hunting and fishing resort, church or youth camp, dude ranch, gun club, executive retreat, research facility or luxury private estate.

The deadline for submitting initial bids to Hilco is May 2, by 5:00 pm CDT.  Bids should be submitted on Hilco’s Letter of Intent form and delivered via email to jazuse@hilcoglobal.com prior to the expiration of the deadline.

Interested buyers can view the property by appointment only.  Please call 847-418-2700 to schedule an appointment.

Sunglow Ranch Resort is located just 80 miles east of Tucson, which is sometimes referred to as “The Old Pueblo”.  Tucson is the second largest city in Arizona behind Phoenix, which both anchor the Arizona Sun Corridor -- aptly named as it receives an incredible 350 days of sunshine each year. This near perfect weather provides for year round enjoyment of the area’s many attractions, premier golf courses, an extensive art and cultural background, world-class accommodations and spas, and a burgeoning culinary and nightlife scene.  Benefiting from year round travelers seeking Southeast Arizona’s abundant sunshine and arid climate, the property features numerous outdoor activities for guests to enjoy, including hiking, horseback riding, mountain biking, fishing, bird-watching, or simply relaxing under the Arizona sun.  

“With consumer sentiment trending away from the standard, vanilla lodging experience, we have seen an uptick in the demand for boutique hospitality assets.  This is readily seen on the global stage with worldwide chains offering discerning travelers a luxury brand alternative to the standard “bed-in-a-box” experience” said Jeffrey Azuse, Senior Vice President of Hilco Real Estate.  

Mr. Azuse further noted, “Starwood Hotels & Resorts Worldwide offers their W line, while Marriott recently launched their Autograph Collection and Hilton followed suit unveiling their Denizen brand a few years ago.  On par with these resorts, the sale of Sunglow Ranch represents a truly once-in-a-lifetime opportunity for the owner/operator, investor or developer to name their price on this hidden gem.”

A detailed Virtual Data Room is available for the property, containing specific information, an explanation of the auction process and the Terms of Sale.  To obtain access to the Virtual Data Room, please contact the Project Manager at (847) 418-2700.

For more information about bid qualifications and further details about this property or other properties available at auction, please visit www.HilcoReal.com.

About Hilco Real Estate, LLC:  Hilco Real Estate, LLC (“HRE”), a Hilco Global company, is headquartered in Northbrook, Illinois (USA).  HRE is a national provider of strategic real estate disposition services.  Acting as an agent or principal, HRE uses its expertise to advise and implement strategies to assist clients in deriving the maximum value from their real estate assets.  By leveraging multi-faceted sales strategies & techniques, aggressive repositioning and restructuring experience, a vast and motivated network of buyers and sellers, and substantial access to capital, HRE exceeds expectations even in the most complex transactions.

Media Contact:
Gary Epstein
Hilco Global
Office: 847-418-2712
Email: gepstein@hilcoglobal.com

For media-related inquiries about Hilco Real Estate or the Hilco Global group of companies, contact Gary Epstein at 847.418.2712 or gepstein@hilcoglobal.com.

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