140 Main St - Residential Income FOR SALE


Greer, AZ 85927
$1,750,000 USD
480-518-4107
140 Main St, Greer, AZ for Sale
$1,750,000 USD
Residential Income - FOR SALE
1/17
null | 3.7% Cap Rate

140 Main St
Greer, AZ 85927


OVERVIEW

Own a true piece of history! White Mountain Lodge was originally built in 1892 as the Lund family home. With the Little Colorado River directly behind, it was ideal for farming. Throughout the years, it has been updated and expanded, and is currently a successful short-term rental. The lodge is approx. 7000 sq ft, features a total of 8 bedrooms, 9 bathrooms, & basement laundry room. The main kitchen is downstairs, and there's a 2nd full kitchen upstairs. The east wing is used as Owner's quarters, with 2 bedrooms/office, bathroom, living room, and kitchenette. The lodge is being sold fully furnished, to include high-quality linens & furniture. Current Owner's personal items are excluded from sale (a list of items will be available upon request). Busy season for the lodge is mid-May thru Mid-October. Winter is busy on holidays and when there's snow. Sunrise Ski Resort is a 20-minute drive from the lodge. There are restaurants and shops within walking distance of the lodge, and lakes for fishing within 1/2 mile. The property is bordered by USFS, with the Little Colorado River running directly behind. Greer is a charming, well-loved vacation town, with families that have visited for generations. White Mountain Lodge is a perfect opportunity for a retired couple or young small family. This sale is for the lodge only...there are 6 other privately owned cabins on the property. The property is zoned Commercial Resort, but owners can reside full time, if desired, as long as at least one cabin on the property is being rented. White Mountain Lodge is a busy rental, so, please call to schedule showings. Please feel free to reach out with any questions. www.whitemountainlodgegreer.com. OWNER IS A LICENSED REAL ESTATE BROKER IN ARIZONA.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$147 USD /SF

CAP RATE

3.7%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

White Mountain Lodge

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1892

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

1.33 AC

LAND SF

57,935 SF

ZONING

Commercial

APN/PARCEL ID

102-65-007

ASK ABOUT THIS PROPERTY

Ann Marie BothwellGreer Land & Investments, LLCMore Info
480-518-4107

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Ann Marie BothwellGreer Land & Investments, LLCMore Info
480-518-4107

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