101 W Phoenix St - Hospitality FOR SALE


Payson, AZ 85541
$2,500,000 USD
928-978-2960
101 W Phoenix St, Payson, AZ for Sale
$2,500,000 USD
Hospitality - FOR SALE
1/40
null | Request Cap Rate

101 W Phoenix St
Payson, AZ 85541


OVERVIEW

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

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$147 USD /SF

# OF ROOMS

39

PRICE/ROOM

$64,103 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Knights Inn Payson

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1983

PARKING SPACES

48

LAND DETAILS

LAND ACRES

1.58 AC

LAND SF

68,825 SF

ZONING

R3

APN/PARCEL ID

304-17-117A

ASK ABOUT THIS PROPERTY

Clifford PottsBerkshire Hathaway HomeServicesMore Info
928-978-2960

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Clifford PottsBerkshire Hathaway HomeServicesMore Info
928-978-2960

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.