Maricopa County property record for 122 N 2nd St, Phoenix, AZ 85004
| Property Type | Hotel |
|---|---|
| Details | 631,780 sqft · built 1975 |
| Lot Size | 2.06 acres (90,102 sqft) |
| Owner | Company Name on Record |
| Last Sale | $140,000,000 (Jul 2018) |
| Tax Bill | $1,859,542 (2025) |
| Deeds & Mortgages | Jul 2018 Sale Jun 2017 Sale & Line of Credit |
| Flood Zone | Zone X (moderate risk) |
| APN | 112-28-044-A |
| Primary APN | 112-28-044-A |
|---|---|
| Alternative APN |
|
| Units | 712 Units |
|---|---|
| Stories | 25 Stories |
| Building Area | 631,780 sqft Gross Area |
| 1st Floor Area | 631,780 sqft |
| Elevator | Elevator |
| Year Built | Built 1975 |
|---|---|
| Effective Year Built | Effective 1985 |
| Exterior Material | Combination |
| Construction Type | Frame |
| Fire Resistance | Fireproof Steel Frame |
| Roof Material | Aluminum |
| Lot Area | 90,102 sqft (2.06 acres) |
| View / Lot | Corner |
| Pool Type | Spa / Hot Tub (No Pool) |
| Total Buildings | 2 Buildings |
| Cooling System | A/C Chilled Water |
|---|---|
| Heating System | Hot Water |
| Sewer | Municipal |
| Street Address | 122 N 2ND ST |
|---|---|
| City | PHOENIX |
| State | AZ |
| Zip | 85004-2304 |
| Property Category | Commercial |
| Property Type | Commercial > Retail > Hotel |
| Local Zoning Code | C-DT |
| Legal Description | PHOENIX 1 THROUGH 4 & 11 THROUGH 18 MCR 2-51 |
| Legal Range | 3E |
| Legal Township | 1N |
| Legal Section | 8 |
| Legal Subdivision | PHOENIX 1 THROUGH 4 & 11 THROUGH 18 |
| Legal Block | 9 |
| Legal Lot Number | 9 |
| Jurisdiction | MARICOPA AZ |
| Township / Civil Division | PHOENIX |
| Census Block Group | 1 |
| Census Block | 1021 |
| Census Tract | 114100 |
Source: Maricopa County records, as of April 10, 2026
Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.
| Owner of Record | Company Name on Record |
|---|---|
| Mailing Address | 150 N RIVERSIDE PLZ, CHICAGO, IL 60606-1598 |
| Owner Type | Company |
| Vesting | Limited Liability Company |
| Date | Document |
|---|---|
| Jul 19, 2018 | Grant Deed, Transfer OTHER |
| Jun 8, 2017 | Trustee's Deed, Transfer · Line of Credit AAREAL CAP |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Jul 19, 2018 · Amount on Record |
| Deed Sale | Jul 19, 2018 · Amount on Record |
| Prior Sale | Jun 8, 2017 · Amount on Record |
| Deed Document Number | 2018547661 |
| Prior Transfer Date | Jan 29, 2003 |
| Prior Transfer Doc | 0000129870 |
| Record Updated | Oct 29, 2026 |
| Document Type | Grant Deed |
|---|---|
| Jurisdiction | MARICOPA AZ |
| Recording Date | Jul 19, 2018 |
| Property Address | 122 N 2ND ST, PHOENIX, AZ 85004-2304 |
| Document Number | 0000547661 |
| Instrument Date | Jul 17, 2018 |
| Instrument | 547661 |
| Transaction Type | Transfer |
| Record Updated | Aug 1, 2018 |
| Title Company | OTHER |
| Amount | Amount Recorded |
|---|---|
| Tax | $140,000.00 |
| Amount Accuracy | Confirmed |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 122 N 2ND ST PHOENIX AZ 850042304, PHOENIX, AZ 85004-2304 |
| Document Type | Trustee's Deed |
|---|---|
| Jurisdiction | MARICOPA AZ |
| Recording Date | Jun 8, 2017 |
| Property Address | 122 N 2ND ST, PHOENIX, AZ 85004-2304 |
| Document Number | 0000417464 |
| Instrument Date | Jun 7, 2017 |
| Instrument | 417464 |
| Transaction Type | Transfer |
| Record Updated | Jul 21, 2017 |
| Title Company | OTHER |
| Amount | Amount Recorded |
|---|---|
| Downpayment | Downpayment on Record |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $107,000.00 |
| Amount Accuracy | Confirmed |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 900 N MICHIGAN AVE #1450 CHICAGO IL 606116550, 1450, CHICAGO, IL 60611-6550 |
| Document Number | 417465 |
|---|---|
| Date | Jun 8, 2017 |
| Instrument | 417465 |
| Name | AAREAL CAP |
|---|---|
| Type | Funding / Finance Company |
| Address | 250 PARK AVE # 820, NEW YORK, NY 10177-0800 |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Rate Type | Adjustable Rate |
|---|
Source: Maricopa County assessment roll, as of October 22, 2025
| Type | Name |
|---|---|
| State | Arizona |
| County | Maricopa County |
| Municipality | Phoenix City |
| Elementary School District | Phoenix Elementary District (PK - 08) |
| Secondary School District | Phoenix Union High School District (09 - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $15,401,203 (+21.66%) | $99,362,600 (+7.88%) Land $10,361,700 Building $89,000,900 | |
| 2025 | $1,859,542.00 (+0.71%) | $12,659,380 (-0.59%) | $92,107,500 (+19.34%) Land $9,460,700 Building $82,646,800 |
| 2024 | $12,734,321 | $77,177,700 Land $9,010,200 Building $68,167,500 | |
| 2023 | $1,846,390.00 |
Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.
Source: FEMA National Flood Hazard Layer, effective October 2, 2026
| FEMA Flood Zone | Zone X moderate risk |
|---|---|
| 500-Year Floodplain | Yes 0.2% annual chance |
| Flood Insurance Requirement | Not required lenders may require it |
Values are read at the parcel center point; lenders make the official flood determination.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Not rated no burnable land within ember reach |
|---|
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | CITY OF PHOENIX serves 1,695,000 people · EPA ID AZ0407025 |
|---|---|
| Water Source | Surface water |
| Last State Inspection | Dec 2025 |
| Lead | 3 ppb (2022–2024) action level 15 ppb |
| Water Quality | Turbidity resolved · Jan 2021 |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | 2 last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.
Source: FCC Broadband Data Collection, based on 183 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Tristate Wi-Fi by Wi-Fiber Fixed Wireless | 400 / 400 |
| AirFiber WISP Fixed Wireless | 100 / 25 |
May also be available: AT&T, CenturyLink, Cox Communications, GeoLinks, T-Mobile, Verizon.
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