USAAZTonto Basin249 S Old Highway 188
249 S Old Highway 188, Home with 0 bedrooms, 0 bathrooms and 70 parking in Tonto Basin AZ | Image 1
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$1,350,000

249 S Old Highway 188, Tonto Basin, AZ

Real Estate

For Sale

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0070
  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 3666 sqft
Garage No
Maintenance Fees 
Taxes $4,486
Days Active 127
Approx. Age 1986
Avg. Price Per Sqft $368
MLS® Number 6841457

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to own a profitable hospitality portfolio in Tonto Basin, AZ—just minutes from Roosevelt Lake. This 2.44-acre offering includes: Punkin Center Lodge with 11 guest rooms (70% occupancy), a full-service restaurant and bar with a Series 6 liquor license generating $540K/year, and a 2-bed, 2-bath manufactured home with rental potential. Recent upgrades total $191K+. With $677K annual revenue and $200K NOI, this turnkey property offers an 13.3% cap rate and long-term upside from nearby infrastructure growth. Strong demand, limited competition.Show Description
MLS® Number6841457
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1986
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatPropane
A/CCentral Air, Office Evap
Heating Fuel

Extras

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