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2105 Navajo Boulevard

Holbrook, AZ 86025
  • $765,000
  • STATUS: Pending
  • ON SITE: 66 Days
  • MLS #: 6299332
Pending
UPDATED: 27 min ago
$765,000
  • 0
    BEDS
  • 2.48
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 15,014
    SQFT
  • $51
    $/SQFT
Type:
Commercial
Built:
1948
County:
Area:

School Ratings & Info

Description

Nostalgic Throwback to Yesteryear. 35-Room Motel/Mexican Restaurant on Historic Route 66 in Holbrook, AZ. 4.5 Star Rating on Google. Profitable. Motel Generated Approximately $255,000 in Gross Revenues over the past (12) Months. Net Income was a little over $167,000 Last Year. 23 CAP. Over the top! Restaurant Operator Pays $17,220 Per Year in Rent which is going up to $2,000/Mo. shortly. Facilities Passed Recent Inspection. Roof Recently Repaired. Mattresses Replaced as Needed. Most Rooms have New Flat Screen TV's. 2.479 Acre Site. Room for Expansion. Seller may Carry Back with 50% Down at 5.75% Simple Interest over 1 2-Year Term. Buyer Must Visit Property Prior to an Offer being Considered. No Wholesalers. Recent Profit/Loss Statement Available via NDA.

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© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than West USA Realty. Data last updated 2021-12-03T21:11:09.14.
www.househelpersaz.com/homes/121848513
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2105 Navajo Boulevard Holbrook, AZ 86025

  • Price: $765,000
  • Status: Pending
  • On Site: 66 Days
  • Updated: 27 min ago
  • MLS #: 6299332
0
Beds
0
Baths
0
½ Baths
2.48
Acres
15,014
SQFT
$51
$/SQFT
1948
Built
County:
Navajo
Area:
Holbrook
Property Description
Nostalgic Throwback to Yesteryear. 35-Room Motel/Mexican Restaurant on Historic Route 66 in Holbrook, AZ. 4.5 Star Rating on Google. Profitable. Motel Generated Approximately $255,000 in Gross Revenues over the past (12) Months. Net Income was a little over $167,000 Last Year. 23 CAP. Over the top! Restaurant Operator Pays $17,220 Per Year in Rent which is going up to $2,000/Mo. shortly. Facilities Passed Recent Inspection. Roof Recently Repaired. Mattresses Replaced as Needed. Most Rooms have New Flat Screen TV's. 2.479 Acre Site. Room for Expansion. Seller may Carry Back with 50% Down at 5.75% Simple Interest over 1 2-Year Term. Buyer Must Visit Property Prior to an Offer being Considered. No Wholesalers. Recent Profit/Loss Statement Available via NDA.
Exterior Features

Construction Frame - Wood Covered Parking Spaces 0.00 Exterior Features Building SignCorner LotRoof SignSecurity Light(S) Fencing None Freeway Highway Up To 1 Mile Parking FreePaved ParkingPrivate Parking Roads AsphaltGravel Roofing Built-Up Stories 1 Story Total Parking Spaces 50.00 Uncovered Parking Spaces 50.00

Interior Features

Amenities Reception Room Ceiling Height 8 Feet Or Less Cooling Central A/C Flooring CarpetCeramic TileConcrete Heating Electric Interior Features Alarm SystemFinishedFire SprinklersPrivate RestroomsSecurity Light(S)Smoke Detector(S)

Property Features

Adjusted Gross Inc 254220.00 Annual Other Expense 50000.00 Building Type CommercialOffice Cross Street Interstate 40 & Business 66 Current Use RestaurantSee RemarksService Business Electric Aps Gas None Gross Annual Sch Inc 237000.00 Hoa Fee 0.00 Hoa YN No Loading Facilities None Lot Number 0 Net Operating Income 200000.00 Operating Exp 53885.00 Other Income 17220.00 Ownership Fee Simple Sewer Sewer - Public Source Of Financial Data Provided By Owner Taxes 3885.00 Traffic Count Unknown Use Restrictions Existing Easement(S) Vacancy Allowance 0.00 Water City Franchise Zoning Commercial

Listing courtesy of Valley Of The Sun Real Estate.


© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than West USA Realty. Data last updated 2021-12-03T21:11:09.14.
 
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West USA Realty
2340 E. Beardsley Rd. #110
Phoenix AZ, 85024