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140 Main St - White Mountain Lodge 11,879 SF Specialty Building Offered at $1,750,000 at a 3.70% Cap Rate in Greer, AZ 85927



Executive Summary
Own a true piece of history! White Mountain Lodge was originally built in 1892 as the Lund family home. With the Little Colorado River directly behind, it was ideal for farming. Throughout the years, it has been updated and expanded, and is currently a successful short-term rental. The lodge is approx. 7000 sq ft, features a total of 8 bedrooms, 9 bathrooms, & basement laundry room. The main kitchen is downstairs, and there's a 2nd full kitchen upstairs. The east wing is used as Owner's quarters, with 2 bedrooms/office, bathroom, living room, and kitchenette. The lodge is being sold fully furnished, to include high-quality linens & furniture. Current Owner's personal items are excluded from sale (a list of items will be available upon request). Busy season for the lodge is mid-May thru Mid-October. Winter is busy on holidays and when there's snow. Sunrise Ski Resort is a 20-minute drive from the lodge. There are restaurants and shops within walking distance of the lodge, and lakes for fishing within 1/2 mile. The property is bordered by USFS, with the Little Colorado River running directly behind. Greer is a charming, well-loved vacation town, with families that have visited for generations. White Mountain Lodge is a perfect opportunity for a retired couple or young small family. This sale is for the lodge only...there are 6 other privately owned cabins on the property. The property is zoned Commercial Resort, but owners can reside full time, if desired, as long as at least one cabin on the property is being rented. White Mountain Lodge is a busy rental, so, please call to schedule showings. Please feel free to reach out with any questions. www.whitemountainlodgegreer.com. OWNER IS A LICENSED REAL ESTATE BROKER IN ARIZONA.
Property Facts
| Price | $1,750,000 | Lot Size | 1.33 AC |
| Price Per SF | $147.32 | Building Size | 11,879 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 3.70% | Year Built | 1892 |
| Property Type | Specialty | Parking Ratio | 0.84/1,000 SF |
| Property Subtype | Residential Income | Corridor | Exterior |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | Commercial - The property is zoned Commercial Resort, but owners can reside full time, if desired, as long as at least one cabin on the property is being rented. | ||
| Price | $1,750,000 |
| Price Per SF | $147.32 |
| Sale Type | Investment |
| Cap Rate | 3.70% |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Lot Size | 1.33 AC |
| Building Size | 11,879 SF |
| No. Stories | 2 |
| Year Built | 1892 |
| Parking Ratio | 0.84/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | Commercial - The property is zoned Commercial Resort, but owners can reside full time, if desired, as long as at least one cabin on the property is being rented. |
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Property Taxes
| Parcel Number | 102-65-007 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $77,067 |
Property Taxes
Parcel Number
102-65-007
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$77,067
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Greer Land & Investments, LLC
140 Main St - White Mountain Lodge
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