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- LoopNet Team
2101-2105 Navajo Blvd
Holbrook, AZ 86025
66 Motel · Hospitality Property For Sale
·
15,015 SF
INVESTMENT HIGHLIGHTS
- Located on Historic & Nostagic Route 66 in the Northern Arizona City of Holbrook
- 2.479 Acres Offers Room for Growth & Expansion
- Profitable with High CAP Rate of 27
- Operating as a Motel & Restaurant Since 1948
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 15,015 SF |
| Property Subtype | Hotel | No. Stories | 1 |
| Building Class | C | Year Built | 1948 |
| Lot Size | 2.64 AC | Corridor | Exterior |
| Zoning | Commercial - Motel & Restaurant | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.64 AC |
| Building Size | 15,015 SF |
| No. Stories | 1 |
| Year Built | 1948 |
| Corridor | Exterior |
| Zoning | Commercial - Motel & Restaurant |
AMENITIES
- Restaurant
- High Speed Internet Access
ABOUT 2101-2105 NAVAJO BLVD , HOLBROOK, AZ 86025
Nostalgic Throwback to Yesteryear. 35-Room Motel/Mexican Restaurant on Historic Route 66 in Holbrook, AZ. 4.5 Star Rating on Google. Profitable. Motel Generated Approximately $255,000 in Gross Revenues over the past (12) Months. Net Income was a little over $167,000 Last Year. 22 CAP. Over the top! Restaurant Operator Pays $24,000/Yr. Facilities Passed Recent Inspection. Roof Recently Repaired. Mattresses Replaced as Needed. Most Rooms have New Flat Screen TV's. 2.479 Acre Site. Room for Expansion. Seller may Carry Back with 50% Down at 5.75% Simple Interest over a 24-Month Term. Buyer Must Visit Property Prior to Submitting an Offer. No Wholesalers. Recent Profit/Loss Statement Available via NDA.
PROPERTY TAXES
| Parcel Number | 109-24-005A | Improvements Assessment | $372,085 |
| Land Assessment | $123,300 | Total Assessment | $495,385 |
PROPERTY TAXES
