302 S BEELINE Highway, Payson, AZ 85541 (MLS# 85713)
$2,300,000
Payson, AZ 85541
MLS# 85713
Status: Closed
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Details
Contract Information
Foreclosure: No
Sale/Lease: Sale
Property Sub-Type: Business & Real Estate
Sold Price: $2,300,000
Current Price: $2,300,000
List Date: 2021-10-21
List Type: Exclusive ARS
Location, Tax & Legal
Lot #: 17
Zoning: C2
Taxes: 13509
Tax Year: 2020
Assessor's Book #: 304
Assessor's Map #: 03
Assessor's Parcel #: 022
Assessor's Parcl Ltr: D
APN #: 304-03-022D
HOA: No
Legal Description: Lot: 17,18,P19 Section: 03 Township: 10N Range: 10E LOTS 17 & 18, ALG WITH N 48.51' LOT 19, MOGOLLON RIM ADDITION AMENDED, PLAT 111NW1/4 SW1/4 SEC 3 T10N R10E = 1.36 AC
Street #: 302
Direction: S
Street Name: BEELINE
Suffix: Highway
State: AZ
Zip Code: 85541
Area: Payson Southwest
Sub Code: Mogollon Rim Add Amd - PSW
County: Gila
Location
Downtown: 1
Highway Front: 1
General Property Description
Acres: 1.36
Lot Dimensions: 204.03x248.99x197.79x249.09
Land Size: 1.36
Building Size: 0
# of Tenants: CLO
Vacancy %: 0
Year Built: 1982
Remarks & Misc
Directions: North of Denny's.
Status Change Info
Seller Concess to Buyer: 0
Sold Type: Sold Within Office
Status: Closed
Pending Date: 2022-01-16
Sold Date: 2022-03-31
Sold Price: $2,300,000
Currently Not Used
Public Remarks: Come see this 24 room hotel, oasis in the heart of Payson. There's a house for owner/manager, all on Beeline Highway, main thoroughfare through town. Rooms were renovated and roof replaced 3 years ago. This amazing location is on 1.36 acres w/ huge upside.
Total Rooms: 24
Income/Sales Info
Net Operating Income: 100,000+
Cap Rate: CLO
Down Payment: Submit
Gross Sales: 0
Improvements: CLO
Loan Info
1st Assumable: No
Accelerate: No
Must Qualify: No
Cash to Assume: 0
Ttl Pmt after Assmpt: 0
Construction
Brick: 1
Interior Features
Dual Pane Windows: 1
Smoke Detectors: 1
Refrigerator: 1
TVs Included: 1
Floor Covering
Laminate: 1
Property Features
Partially Fenced: 1
Lot/Street Improvem.
Curbs: 1
Sidewalks: 1
Paved Parking: 1
Blacktop Street: 1
Type/Style
Single Level: 1
Garage/Carport
Carport Only: 1
Siding
Brick: 1
Exterior Features
Landscaping: 1
In the Trees: 1
Tall Pines on Lot: 1
Roof
Asphalt/Comp Shingle: 1
Utilities Available
Electricity: 1
Town of Payson Water: 1
Sewer Hooked In: 1
Telephone: 1
Cable TV/Satellite: 1
Internet Hook Up: 1
Trash: 1
Underground Util: 1
Heating
Forced Air: 1
Possession
At Close of Escrow: 1
Owner May Sell/Terms
Cash: 1
Conventional: 1
Submit: 1
Floor Type
Slab: 1
Cooling
Electric Refrig.: 1
Fireplace/Woodstove
Fireplace: 1
Tenant Pays
None: 1
Exist. Finance Fees
Free & Clear: 1
Management
Owner/Family: 1
Form of Ownership
Corporation: 1
Sale Price Includes
Building: 1
Land: 1
Fixtures: 1
Equipment: 1
Personal Property: 1
Business Trade Name: 1
Motel Includes
Land: 1
Avg Room Rent/Night
61 - 80: 1
101 - 150: 1
Occupancy
Partially Leased: 1
Owner Occupied: 1
Property Features
Location: Downtown; Highway Front
Construction: Brick
Siding: Brick
Roof: Asphalt/Comp Shingle
Property Features: Partially Fenced
Exterior Features: Landscaping; In the Trees; Tall Pines on Lot
Interior Features: Dual Pane Windows; Smoke Detectors; Refrigerator; TVs Included
Floor Type: Slab
Floor Covering: Laminate
Cooling: Electric Refrig.
Heating: Forced Air
Utilities Available: Electricity; Town of Payson Water; Sewer Hooked In; Telephone; Cable TV/Satellite; Internet Hook Up; Trash; Underground Util
Possession: At Close of Escrow
Tenant Pays: None
Management: Owner/Family
Form of Ownership: Corporation
Sale Price Includes: Building; Land; Fixtures; Equipment; Personal Property; Business Trade Name
Motel Includes: Land
Occupancy: Partially Leased; Owner Occupied
IDX
Listing Office: Berkshire Hathaway HomeServices Advantage Realty - PAYSON
Last Updated: December - 14 - 2024
All information is deemed reliable but not guaranteed. The listings on this site are displayed courtesy of the IDX program of Central Arizona BOR and may not be the listings of the site owner.