858 E White Mountain Blvd - Hospitality FOR SALE


Pinetop, AZ 85935
$1,999,000 USD
480-695-4841
858 E White Mountain Blvd, Pinetop, AZ for Sale
$1,999,000 USD
Hospitality - FOR SALE
1/18
null | 7.75% Cap Rate

858 E White Mountain Blvd
Pinetop, AZ 85935


OVERVIEW

Seller Carry offering on this totally renovated 15 unit motel with 2000 ft of flex commercial space up front. Projections for this mid-scale complex show a knowledgable owner operator should be able to grow the business to gross over $450k annually. The entire motel was taken down to the studs and completely redone in 2022. Everything is new, Electric new 400 amp SES main panel installed with underground feed. All new plumbing, new AC units to each room, spray foam insulation, new windows, new front dutch doors for each room, new Laundry room with 4 new full size stackable units and two new water heaters with new recirculation-pump.

FOR SALE DETAILS

PRICE

$1,999,000 USD

PRICE/SF

$316 USD /SF

# OF ROOMS

15

PRICE/ROOM

$133,267 {currency}

CAP RATE

7.75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Little Pines Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1976

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

C-1/MUNICIPAL

APN/PARCEL ID

311-29-026F

ASK ABOUT THIS PROPERTY

Joshua CarlsonGentry Real EstateMore Info
480-695-4841

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Joshua CarlsonGentry Real EstateMore Info
480-695-4841

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