A rare chance to own a profitable hospitality portfolio in the heart of Tonto Basin, Arizona, featuring three distinct properties on two parcels that will be sold together. This offering includes the Punkin Center Lodge, a full-service restaurant and bar, and a separately deedable 2-bedroom manufactured home, all strategically located near Roosevelt Lake. With steady income, recent infrastructure upgrades, and long-term growth potential, this investment presents strong cash flow and future upside.
Property Overview
This portfolio consists of two adjoining parcels, totaling 2.44 acres, and includes:
Punkin Center Lodge – A 3,666 sq. ft. lodge offering 11 guest rooms across two buildings. The first structure features two king rooms and three double rooms, while the second building houses eight kitchenette units, currently at 70% occupancy. Recent upgrades include new HVAC systems, flooring, signage, and a water filtration system. The lodge benefits from both tourism and local business, catering to construction crews, lake visitors, and outdoor enthusiasts.
Full-Service Restaurant & Bar – A 4,500 sq. ft. establishment with an additional 1,500 sq. ft. outdoor patio, holding a Series 6 Liquor License, allowing both on-site and to-go alcohol sales. The bar seats 160+ patrons and is a well-known gathering place for locals and visitors. The property features a fully equipped commercial kitchen, three freezers, four refrigerators, and a newly upgraded septic system. Recent capital improvements include new HVAC, signage, and a 65 KVA backup generator. The restaurant and bar generate $540,000 in annual revenue, with minimal competition in the immediate area.
Manufactured Home (Separate but Included in Sale) – A 1,456 sq. ft., 2-bedroom, 2-bath residence situated on ¼ acre, offering additional rental income potential. The home has its own dedicated septic system and can be used as an owner/operator residence or short-term rental.
Financial Performance
This turnkey operation produces $677,000 in annual revenue with a Net Operating Income (NOI) of $200,000. At the offering price of $1.8 million, the property delivers a cap rate of 11.1%, making it an exceptional income-generating asset.
Recent Infrastructure Developments & Future Growth
This area has recently benefited from major infrastructure improvements, including two newly completed bridges, significantly improving access and opening up large-scale residential development. Additionally, the proposed SRP lake project is expected to drive economic expansion, bringing years of construction demand and long-term recreational appeal, ensuring continued growth for hospitality and dining businesses in the region.
Competitive Advantage
Lodge: The only lodging option in the immediate area, with no direct competitors.
Restaurant & Bar: Competes with only three other establishments, none of which offer the same mix of full-service dining, liquor sales, and outdoor space.
Limited Supply, Growing Demand: With increased residential and tourism traffic, rising property values, and limited availability of similar commercial properties, this is a highly sought-after opportunity.
Turnkey Investment with Strong Upside
This versatile hospitality portfolio is perfect for:
Hotel & Lodging Investors seeking a stable income-producing asset.
Restaurant & Bar Operators looking to acquire a well-established business.
Owner-Operators wanting to live on-site and manage the property.
Passive Investors seeking high cash flow with future appreciation potential.
Summary of Key Property Features
Total Acreage: 2.44 acres across two adjoining parcels (to be sold together)
Total Building Area: 8,166 sq. ft.
11-Room Lodge: 3,666 sq. ft.
Restaurant & Bar: 4,500 sq. ft. plus 1,500 sq. ft. patio
Manufactured Home: 1,456 sq. ft., 2-bedroom, 2-bath
Strong Financials: $677,000 annual revenue, $200,000 NOI, 11.1% cap rate
Series 6 Liquor License Included
Recent Capital Investments of $191,500+
This is a once-in-a-lifetime opportunity to acquire a cash-flowing, high-yield commercial property in a prime location. Don’t miss out on this unique investment with multiple income streams and long-term growth potential.
Contact the listing agent for more details and to schedule a private showing and review the financials.