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$3,750,000
101 W Phoenix St, Payson, AZ 85541
0 Beds
0 Baths
14,892 SqFt

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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.
  • Price:
  • $3,750,000
  • Square Footage:
  • 14,892
  • Acreage:
  • 1.58
  • Year Built:
  • 1983
  • Listing ID #:
  • 6363732
  • Street Address:
  • 101 W Phoenix St
  • City:
  • Payson
  • State:
  • Arizona
  • Postal Code:
  • 85541
  • County:
  • Gila
  • Subdivision:
  • Pine Ridge Addition
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial
  • Amenities:
  • Reception Room
  • Ceiling Height:
  • 10.1 Feet To 12 Feet
  • Construction Description:
  • Frame - Wood
  • Dwelling Type:
  • Commercial, Other (see Remarks)
  • Exterior Features:
  • Building Sign, Corner Lot, Dual Street Ftg, Landscaping, Pole Sign, Security Light(s)
  • Flooring:
  • Carpet, Ceramic Tile, Vinyl
  • Interior Features:
  • Finished, Phone System, Private Restrooms, Smoke Detector(s)
  • Stories:
  • 2 Stories
  • Total Building Square Footage:
  • 14892
  • Type Of Roof:
  • Comp Shingle
  • Year Built:
  • 1983
  • Adjusted Gross Income:
  • 479820.00
  • Annual Electric Expenses:
  • 18000.00
  • Annual Insurance Expenses:
  • 8500.00
  • Annual Landscape Expenses:
  • 1400.00
  • Annual Legal & Accounting Expenses:
  • 1800.00
  • Annual Maintenance Expenses:
  • 9000.00
  • Annual Management Expenses:
  • 82500.00
  • Annual Trash Expenses:
  • 800.00
  • Annual Water/Sewer Expenses:
  • 9900.00
  • Net Operating Income:
  • 172000.00
  • Operating Expense:
  • 307819.00
  • Conforms To Zoning:
  • R3
  • Lot Square Footage:
  • 68825.00
  • Ownership:
  • Fee Simple
  • Property Taxes:
  • $16,319
  • Parking Description:
  • Free
  • Parking Spaces:
  • 42.00
  • Uncovered Parking Spaces:
  • 42.00
  • Cooling System:
  • Window/Wall Unit
  • Electricity:
  • Aps
  • Existing Water:
  • City Franchise
  • Heating:
  • Electric
  • Sewage Type:
  • Sewer - Public
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listings Provided by Bhhs Advantage Realty - Payson
  • ARMLS

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