350 N Stagecoach Trl
Roosevelt, AZ 85545
Roosevelt Lake Park Resort · Hospitality Property For Sale
·
49,000 SF
Property Facts
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built | 1945 |
| Building Class | C | Parking Ratio | 1.22/1,000 SF |
| Lot Size | 13.53 AC | Corridor | Exterior |
| Building Size | 49,000 SF | ||
| Zoning | 0520 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 13.53 AC |
| Building Size | 49,000 SF |
| No. Stories | 1 |
| Year Built | 1945 |
| Parking Ratio | 1.22/1,000 SF |
| Corridor | Exterior |
| Zoning | 0520 |
Amenities
- Restaurant
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
About 350 N STAGECOACH TRL , ROOSEVELT, AZ 85545
This offering represents a rare opportunity to acquire a fully functioning resort a short 90-minute drive from Phoenix. A popular destination for fishermen, weekenders, campers, outdoorsmen and tourists, the Roosevelt Lake Park Resort has the ability to triple or quadruple revenues though the completion of selective upgrades and nominal capital investment. While motel and kitchenette rental revenues can be increased hundreds of percent over current levels, the year-around MHP, restaurant, bar and water company revenues provide continuous income stability. Property offered at 8.13% CAP Rate using annualized 2019 Income and Expenses. Check YELP for motel reviews. Massive upside in expanded motel-kitchenette bookings. Download Offering MEmorandum.
Property Taxes
| Parcel Numbers | Improvements Assessment | $255,789 | |
| Land Assessment | $32,273 | Total Assessment | $288,062 |
Property Taxes
