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Knights Inn Payson 101 W Phoenix St 39 Room Hotel Payson, AZ 85541 $2,500,000 ($64,103/Room)
Investment Highlights
- 39 refurbished guest rooms
- Owner/Manager one-bedroom apartment
- Renovations completed in 2020–2021
- 1.58-acre corner parcel 14,892± square feet
- 42 parking spaces
- Spacious rooms with updated interiors
Executive Summary
Hospitality Investment Opportunity – Payson, Arizona
39-Room Motel | 1.58 Acres | Prime Highway Frontage
Take advantage of this exceptional opportunity to acquire a turnkey hospitality property in the heart of Arizona's scenic Rim Country.
Located at 101 W. Phoenix Street, Payson, AZ, this well-maintained 39-room motel sits prominently at the entrance to downtown Payson on State Route 87 (Beeline Highway)—the primary route connecting the Phoenix metro area to Northern Arizona. The property benefits from excellent visibility, easy access, and year-round tourism.
Property Highlights
39 refurbished guest rooms
1.58-acre corner parcel
14,892± square feet
Owner/Manager one-bedroom apartment
42 parking spaces
Major renovations completed in 2020–2021
Spacious rooms with updated interiors
Excellent curb appeal and well-maintained grounds
High-visibility Beeline Highway frontage
Walking distance to Mazatzal Casino and just minutes from downtown Payson, restaurants, shopping, outdoor recreation, and the Tonto National Forest.
Investment Potential
Whether you're an experienced hospitality investor, owner-operator, or seeking to expand your lodging portfolio, this property offers an outstanding opportunity in one of Arizona's most popular mountain destinations. Payson enjoys strong seasonal tourism, outdoor recreation, special events, and serves as a gateway to the Mogollon Rim, creating consistent lodging demand throughout the year.
39-Room Motel | 1.58 Acres | Prime Highway Frontage
Take advantage of this exceptional opportunity to acquire a turnkey hospitality property in the heart of Arizona's scenic Rim Country.
Located at 101 W. Phoenix Street, Payson, AZ, this well-maintained 39-room motel sits prominently at the entrance to downtown Payson on State Route 87 (Beeline Highway)—the primary route connecting the Phoenix metro area to Northern Arizona. The property benefits from excellent visibility, easy access, and year-round tourism.
Property Highlights
39 refurbished guest rooms
1.58-acre corner parcel
14,892± square feet
Owner/Manager one-bedroom apartment
42 parking spaces
Major renovations completed in 2020–2021
Spacious rooms with updated interiors
Excellent curb appeal and well-maintained grounds
High-visibility Beeline Highway frontage
Walking distance to Mazatzal Casino and just minutes from downtown Payson, restaurants, shopping, outdoor recreation, and the Tonto National Forest.
Investment Potential
Whether you're an experienced hospitality investor, owner-operator, or seeking to expand your lodging portfolio, this property offers an outstanding opportunity in one of Arizona's most popular mountain destinations. Payson enjoys strong seasonal tourism, outdoor recreation, special events, and serves as a gateway to the Mogollon Rim, creating consistent lodging demand throughout the year.
Property Facts
Amenities
- Shuttle Service
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 39 | $167.00 | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 304-17-117A | Improvements Assessment | $251,187 |
| Land Assessment | $28,000 | Total Assessment | $279,187 |
Property Taxes
Parcel Number
304-17-117A
Land Assessment
$28,000
Improvements Assessment
$251,187
Total Assessment
$279,187
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