$110,000
$118,000
6.8%For more information regarding the value of a property, please contact us for a free consultation.
3,896 SqFt
SOLD DATE : 08/28/2024
Key Details
Sold Price $110,000
Property Type Commercial
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 3,896 sqft
Price per Sqft $28
MLS Listing ID 22321493
Sold Date 08/28/24
Year Built 1950
Annual Tax Amount $892
Tax Year 2023
Lot Size 0.835 Acres
Acres 0.84
Property Description
This 11-unit motel is the perfect opportunity for a savvy investor or entrepreneur. Located in a high-traffic area with a huge need for Monthly Rentals in the agricultural sector. The motel has the potential to generate significant income once it has been renovated and reopened. Various room sizes and Configurations. Each unit has a 3/4 bath. Main 2 bedroom home/ office has Full bath w/ tub, kitchen and fireplace. Other features: communal laundry and kitchen space, Outdoor Fireplace & Ramada, Small Storage building in back, 7 RV spots (2 of which have sewer dumps). Two new septic tanks were installed in 2018 at a cost of $16,000.Could be Converted into / used as a Multi-Family Unit Complex.
Location
State AZ
County Cochise
Area Cochise
Zoning Cochise - GB
Interior
Hot Water Natural Gas
Heating Natural Gas, Wall
Cooling Ceiling Fan(s), Evaporative Cooling, Window Unit(s)
Exterior
Garage Spaces 8.0
Fence Chain Link, Wrought Iron
Roof Type Tile
Road Frontage Chip/Seal
Building
Lot Description Corner Lot
Sewer Septic
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Fix Up
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Copyright 2024 MLS of Southern Arizona
Bought with Mesquite Ranch Realty Inc
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