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858 E WHITE MOUNTAIN Boulevard, Pinetop, AZ 85935
New Listing
$2,300,000
Property Type:
Comm/Industry Sale
Square Footage:
6,334
Lot Size (sq. ft.):
22,271
Status:
Active
Current Price:
$2,300,000
List Date:
1/28/2025
Last Modified:
1/29/2025
Description
Perched triumphantly among the fresh foliage of Arizona's majestic White Mountains lies a unique opportunity for any savvy business owner and/or operator. Little Pine is a 15-unit lodging facility that has been fully updated with modern rustic touches throughout. Its stunning features combine with an ideal location to create a highly desirable, profitable property that's well-maintained and completely ready to rock. In addition to the sharply adorned 15 units, there is also a gourmet kitchen area that could potentially be used for a number of lucrative endeavors. Tenants have access to a fully equipped on-site laundry room for a monthly fee and parking spaces are ample. Do not miss out on this rare chance to own a remarkable property in one of AZ's most sought after locations!
Supplements: ADDITIONAL INFO: Property contains 2000 SqFt of flex commercial space up front. Projections for this mid-scale complex show a knowledgable owner operator should be able to grow the business to gross over $450k annually. The entire motel was taken down to the studs and completely redone in 2022. Everything is new, Electric new 400 amp SES main panel installed with underground feed. All new plumbing, new AC units to each room, spray foam insulation, new windows, new front dutch doors for each room, new Laundry room with 4 new full size stackable units and two new water heaters with new recirculation-pump.
More Information MLS# 6811962
Contract Info
Current Price: $2,300,000
List Price: $2,300,000
Status: Active
List Date: 2025-01-28
Ownership: Fee Simple
Location Tax Legal
House Number: 858
Compass: E
Street Name: WHITE MOUNTAIN
St Suffix: Boulevard
City/Town Code: Pinetop
State/Province: AZ
Zip Code: 85935
Zip4: 7002
Country: USA
County Code: Navajo
Subdivision: PINETOP HILLS UNIT 1
Assessor Number: 311-29-026-F
Tax Year: 2024
General Property Description
Ttl Apx SqFt Bldg: 6334
# of Buildings: 1
Year Built: 1979
Uncvrd Parking Spcs: 30
Zoning: C-1
Remarks Misc
Cross Street: White Mountain Blvd & Rim Rd
Geo Lat: 34.128136
Geo Lon: -109.944252
Status Change Info
Status Change Date: 2025-01-28
Legal Info
Lot Number: C
Income Expenses
Gross Annual Sch Inc: 180000
Net Operating Income: 140000
Showing Notification Methods
Showing Service: Aligned Showings
Property Features
Building Type: Commercial
Current Use: Mixed Use; Retail; See Remarks
Stories: 1 Story
Construction: Frame - Wood
Roofing: Metal
Floors: Vinyl
Ceiling Height: 10.1 Feet to 12 Feet
Heating: Natural Gas
Cooling: Window/Wall Unit; Heat Pump
Loading Facilities: None
Interior: Finished; Private Restrooms
Fencing: Block; Security
Amenities: Kitchen
Parking: Fenced; Free
Electric: City Electric; Underground; Other (See Remarks)
Gas: Unisource
Water: See Remarks
Sewer: Sewer - Public
New Financing: Owner May Carry; Lease Option/Purchse
Lockbox Type: None
Source of Fincl Data: Provided by Owner
Existing 1st Ln Type: Fixed
Existing 1st Ln Trms: Assume-Qualify
Existing 2nd Ln Type: Fixed
Environmental: None
Listing Office: LPT Realty, LLC
Last Updated: January - 29 - 2025
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