Historic Coronado Motor Hotel

The Historic Coronado Motor hotel provides services to tourists and travelers while also providing jobs to the local community.

Investment

  • NMTC Amount: $1,454,000
  • Total Project Cost: $1,454,000

IMPACT

Investor

Project Description

Yuma Landing Company (operator of the Historic Coronado Motor Hotel) has been in operation for over 80 years, the Historic Coronado Motor hotel provides services to tourists and travelers while also providing jobs to the local community. NMTC financing was be used for building improvements, refinancing existing debt to improve business cash flow and to pay associated closing costs.

MAP

Address: 233 South 4th Avenue, Yuma,

Census Tract: 4027011800

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Rehabilitation of three vacant historic Phoenix Union High School buildings totaling 90,000 square feet for use by the University of Arizona College of Medicine.
The Historic Coronado Motor hotel provides services to tourists and travelers while also providing jobs to the local community.
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