Pumpkin Center Lodge - Tonto Basins only lodging property. Exceptional investment opportunity with 10.96% cap rate on $60,256.64 NOI. Property sits on over 1 acre directly adjacent to the historic Pumpkin Center Bar (100+ year community landmark, also for sale by same owners). 13 total units in 2 buildings: single-story building with 5 units at approximately 335 sq ft each, and larger building with 8 efficiency suites at approximately 505 sq ft each featuring kitchenettes and refrigerators. All units have brand new air conditioning. On-site property manager included. Strong upside potential - property has never been marketed on Airbnb or VRBO. Opportunity to significantly increase short-term rental income or convert units to long-term leases. Beloved by local anglers and outdoor enthusiasts. Ample parking for cars, boats, and RVs. Back patio with barbecues. Turnkey operation in prime Tonto Basin location near Roosevelt Lake with year-round demand and no competing lodging nearby.
Listed By
Agency Name: Realty ONE Group
Agency Phone: 480-321-8100
Shown By
Agent Name: Lisa Shevy
Agent Phone: (480) 309-4259
Agency Title: Arizona Best Real Estate
249 S Old Highway 188 | MLS# 7001845
This commercial property located at 249 S Old Highway 188, Tonto Basin, AZ 85553 is currently listed for sale with an asking price of $550,000. Search Tonto Basin real estate on lshevy.arizonabest.com today.