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Knights Inn Payson 101 W Phoenix St 39 Room Hotel Payson, AZ 85541 $2,500,000 ($64,103/Room)
Executive Summary
This 39 room motel is located at the entrance into the heart of Payson, Arizona's beautiful Rim Country. Refurbished and spacious rooms on this well cared for property with 1.58 acres of land. One bedroom apartment for owner/manager, positioned right on the Beeline Highway, the main thoroughfare through Payson. Ample parking and great potential for this fine property. All refurbished and remodeled inside and out is 2020-2021
Property Facts
| Price | $2,500,000 | Building Size | 17,000 SF |
| Price Per Room | $64,103 | No. Rooms | 39 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1983/2006 |
| Property Subtype | Hotel | Parking Ratio | 2.12/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 1.58 AC | ||
| Zoning | R3 - Multi-family | ||
| Price | $2,500,000 |
| Price Per Room | $64,103 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.58 AC |
| Building Size | 17,000 SF |
| No. Rooms | 39 |
| No. Stories | 2 |
| Year Built/Renovated | 1983/2006 |
| Parking Ratio | 2.12/1,000 SF |
| Corridor | Interior |
| Zoning | R3 - Multi-family |
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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Knights Inn Payson | 101 W Phoenix St
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