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101 W Phoenix Street

Payson, AZ 85541
  • $3,750,000
  • STATUS: Active
  • ON SITE: 116 Days
  • MLS #: 6363732
Price Reduced
UPDATED: 61 min ago
$3,750,000
  • 0
    BEDS
  • 1.58
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 14,892
    SQFT
  • $252
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1983
County:
Area:

School Ratings & Info

Description

This 39 room motel is located at the entrance into the heart of Payson, Arizona's beautiful Rim Country. Refurbished and spacious rooms on this well cared for property with 1.58 acres of land. One bedroom apartment for owner/manager, positioned right on the Beeline Highway, the main thoroughfare through Payson. Ample parking and great potential for this fine property. All refurbished and remodeled inside and out is 2020-2021.

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Arizona Regional MLS logo© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Keller Williams Realty Phoenix. Data last updated 2022-06-28T23:15:18.657.
www.searchallhouses.com/homes/126361091
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101 W Phoenix Street Payson, AZ 85541

  • Price: $3,750,000
  • Status: Active
  • On Site: 116 Days
  • Updated: 61 min ago
  • MLS #: 6363732
0
Beds
0
Baths
0
½ Baths
1.58
Acres
14,892
SQFT
$252
$/SQFT
1983
Built
Neighborhood:
Pine Ridge Addition
County:
Gila
Area:
Payson
Property Description
This 39 room motel is located at the entrance into the heart of Payson, Arizona's beautiful Rim Country. Refurbished and spacious rooms on this well cared for property with 1.58 acres of land. One bedroom apartment for owner/manager, positioned right on the Beeline Highway, the main thoroughfare through Payson. Ample parking and great potential for this fine property. All refurbished and remodeled inside and out is 2020-2021.
Exterior Features

Construction Frame - Wood Covered Parking Spaces 0.00 Exterior Features Building SignCorner LotDual Street FtgLandscapingPole SignSecurity Light(S) Fencing None Freeway Highway Frontage Lot Size Dimensions 310.08X288.3X224.12X399.83 Parking Free Roads Asphalt Roofing Comp Shingle Stories 2 Stories Total Parking Spaces 42.00 Uncovered Parking Spaces 42.00

Interior Features

Amenities Reception Room Ceiling Height 10.1 Feet To 12 Feet Cooling Window/Wall Unit Flooring CarpetCeramic TileVinyl Heating Electric Interior Features FinishedPhone SystemPrivate RestroomsSmoke Detector(S)

Property Features

Adjusted Gross Inc 479820.00 Annual Elec Exp 18000.00 Annual Ins Exp 8500.00 Annual Landscape Exp 1400.00 Annual Legal And Acctg 1800.00 Annual Maint Exp 9000.00 Annual Mgmt Exp 82500.00 Annual Other Expense 159600.00 Annual Trash Exp 800.00 Annual Wtr Swr Exp 9900.00 Building Type CommercialOther (See Remarks) Cross Street Beeline Hwy & Phoenix Current Use Other Electric Aps Gas None Gross Annual Sch Inc 1423000.00 Hoa Fee 0.00 Hoa YN No Loading Facilities None Lot Number Long Legal Net Operating Income 172000.00 Operating Exp 307819.00 Other Income 31000.00 Ownership Fee Simple Sewer Sewer - Public Source Of Financial Data Provided By Accntnt Taxes 16319.00 Vacancy Allowance 0.67 Water City Franchise Zoning R3

Arizona Regional MLS logo Listing provided by Bhhs Advantage Realty - Payson: (928) 474-2337.


Arizona Regional MLS logo© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Keller Williams Realty Phoenix. Data last updated 2022-06-28T23:15:18.657.
 
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Keller Williams Realty Phoenix
3920 South Rural Road Suite 110
Tempe AZ, 85282