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Price:
$1,150,000
MLS #:
1606158
Beds:
26
Baths:
26
Sq. Ft.:
7840
Lot Size:
0.87 Acres
Yr. Built:
1988
Type:
Commercial
Commercial Building +Business - HOA-No, Hospitality, Business District, Construction Complete, Motel/Hotel/Inn, Multi-Tenant
Tax/APN #:
802-09-004
Taxes/Yr.:
$5,453
Area:
Page
Subdivision:
HAUL RD
Address:
524 Haul Rd Rd
Page, AZ 86040
Lake Powell Lodging - Incredible Income Opportunity
Lake Powell Lodging is an extended-stay business model offering unparalleled investment potential. The property features two separate buildings, each comprising thirteen units measuring 12ft by 13ft, for a total of 26 individual units. Each unit is equipped with a wall-mounted A/C unit, microwave, mini-fridge, TV, dresser, chair, table, and a full or queen bed. This is NOT an apartment complex but an extended-stay lodging facility operating under In-Keeper Law. Please inquire for more details regarding income, operations, etc. The property boasts an impressive occupancy rate ranging from 80% to 98%, ensuring a steady and reliable income stream. Each building is well-appointed with essential amenities, including a coin-operated washer, dryer, and soda machine. A 55-gallon water heater is shared between every two rooms. Security is a priority with a comprehensive camera system in place, while South Central Communications provides reliable internet service, and the property is wired for Direct TV. The property also includes a Conex container in the NW corner, offering ample storage space. A dumpster, serviced weekly, is located in the NE corner of the property as well.
Interior Features:
Alarm/Security System
Ceiling Fans
Cooling: Electric
Cooling: Wall Unit
Flooring- Carpet
Flooring- Laminate
Flooring- Linoleum
Heating: Wall Unit
Skylights
Window Coverings
Exterior Features:
Construction Complete
Construction: Stucco
Curb & Gutter
Fenced- Partial
Foundation: Crawl Space
Foundation: Permanently Attached
Outdoor Lighting
Roof: Asphalt
Sidewalks
Storage Shed
View of Valley
Appliances:
Microwave
Refrigerator
W/D Hookups
Washer & Dryer
Other Features:
Accessibility Features
Business District
HOA-No
Hospitality
Legal Access: Yes
Motel/Hotel/Inn
Multi-Tenant
Style: Commercial
Utilities:
Garbage Collection
Internet: Satellite/Wireless
Natural Gas: Not Available
Phone: Cell Service
Power Source: City/Municipal
Satellite Dish
Sewer: Hooked-up
Water Heater- Electric
Water Source: City/Municipal
Water: Potable/Drinking
Listing offered by:
Brett Barsness - License# BR671726000 with Trophy Real Estate, AZ - (928) 612-2276.
Brian Barsness - License# BR703921000 with Trophy Real Estate, AZ - (928) 612-2276.
Map of Location:
Data Source:
Listing data provided courtesy of: Page/Lake Powell MLS (Data last refreshed: 11/03/24 6:55pm)
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Notice & Disclaimer: Information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in renting or purchasing. All information (including measurements) is provided as a courtesy estimate only and is not guaranteed to be accurate. Information should not be relied upon without independent verification.
Notice & Disclaimer: Information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in renting or purchasing. All information (including measurements) is provided as a courtesy estimate only and is not guaranteed to be accurate. Information should not be relied upon without independent verification.