249 S OLD HIGHWAY 188 -- new Save Request In-Person Tour Request Virtual Tour
Tonto Basin,AZ 85553
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6841457
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1986
Annual Tax Amount $4,486
Tax Year 2024
Lot Size 1.015 Acres
Acres 1.02
Property 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.
Location
State AZ
County Gila
Zoning Mixed Use Com
Interior
Heating Propane
Cooling Central Air,Office Evap
Flooring Other
Exterior
Parking Features Private
Fence None
Roof Type Composition
Total Parking Spaces 70
Building
Dwelling Type Commercial
Sewer Septic Tank
Water Private,Community Franchise
New Construction No
Others
Senior Community No
Tax ID 201-07-004-D