AZ > Mesa > Desert Sage Tr Blks 5, 6, 7
Mesa, AZ 85207,8019 E MAIN Street
Mesa, AZ 85207,8019 E MAIN Street
Mesa, AZ 85207,8019 E MAIN Street
Mesa, AZ 85207,8019 E MAIN Street
Mesa, AZ 85207,8019 E MAIN Street
Mesa, AZ 85207,8019 E MAIN Street
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Nicolas Toscano

Nicolas Toscano

+1(480) 432-5551
$ 3,500,000
Est. payment | /mo
Save
$ 3,500,000
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Desert Sage Tr Blks 5, 6, 7

MLS Listing ID 6658864

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1945

Annual Tax Amount $10,345

Tax Year 2023

Lot Dimensions 36,000

Property Description

GREAT OPPORTUNITY TO OWN THE EAST MESA INN MOTEL -- A TURN-KEY 24-UNIT MOTEL WITH 1700 SQ.FT. OWNER'S RESIDENCE ON SITE! FOUR 9,000 SQ. FT. LOTS. THE 2ND-STORY BUILDING WAS BUILT IN 1998. TEN KITCHENETTES. ALL ROOMS HAVE REFRIGERATORS & MICROWAVES. MANY UPGRADES INCLUDING NEW ASPHALT PARKING LOT (2023). NEW 16' X 30' PATIO AREA AWNING FOR OWNER'S SUMMER ENJOYMENT. GUEST ROOMS HAVE UP-TO-DATE KEYLESS ENTRY (NO LOST KEYS!). LAUNDRY ROOM FOR TENANTS. POTENTIAL FOR ADDITIONAL ROOMS TO BE ADDED. GREAT LOCATION -- BUSINESS IS CONVENIENTLY LOCATED TO SR 60 AND THE 202. NINETY PERCENT+ OCCUPANCY. NEW OWNER HAS ROOM TO INCREASE RATES. THIS IS AN ESTABLISHED MOTEL WITH CONSISTENT RETURNING GUESTS.

Location

State AZ

County Maricopa

Community Desert Sage Tr Blks 5, 6, 7

Zoning C-3, R-3

Interior

Heating Individual, Central, Electric

Cooling Central A/C, Individual, Electric, Ceiling Fan(s)

Flooring Ceramic Tile

Appliance Microwave

Exterior

Garage Paved Parking, Add'l Parking Avail, 1 Space/Unit

Community Features Manager Res/Office, No Pool

Waterfront No

Roof Type Tile,Built-Up,Metal

Parking Type Paved Parking, Add'l Parking Avail, 1 Space/Unit

Total Parking Spaces 24

Building

Sewer Septic in & Cnctd, Septic Tank

Water City Franchise

Schools

School District Mesa Unified District

Others

Senior Community No

Tax ID 218-32-007

Acceptable Financing Conventional, 1031 Exchange

Listing Terms Conventional, 1031 Exchange

Arizona Regional MLS (ARMLS)

Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by Iannelli and Associates

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Nicolas Toscano

Mortgage Loan Originator & Realtor | License ID: SA709955000 NMLS# 1418692

+1(480) 432-5551

2212 E Williams Field Rd # 210, Gilbert, AZ, 85295

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8019 E MAIN Street