Holbrook, AZ 86025,2105 NAVAJO Boulevard
Holbrook, AZ 86025,2105 NAVAJO Boulevard
Holbrook, AZ 86025,2105 NAVAJO Boulevard
Holbrook, AZ 86025,2105 NAVAJO Boulevard
Holbrook, AZ 86025,2105 NAVAJO Boulevard
Holbrook, AZ 86025,2105 NAVAJO Boulevard
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$765,000

$765,000

Est.Price: ?

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Est. payment /mo

2.48 Acres Lot


SOLD DATE : 12/17/2021

Key Details

Sold Price $765,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 6299332

Sold Date 12/17/21

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1948

Annual Tax Amount $3,885

Tax Year 2021

Lot Size 2.479 Acres

Acres 2.48

Property Description

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. 23 CAP. Over the top! Restaurant Operator Pays $17,220 Per Year in Rent which is going up to $2,000/Mo. shortly. 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 1 2-Year Term. Buyer Must Visit Property Prior to an Offer being Considered. No Wholesalers. Recent Profit/Loss Statement Available via NDA.

Location

State AZ

County Navajo

Zoning Commercial

Direction Business Route 66 to Navajo Left to Motel/Restaurant on the North Side of the Street at Mission Lane.

Interior

Heating Electric

Cooling Central A/C

Flooring Carpet, Ceramic Tile, Concrete

Exterior

Garage Paved Parking, Private Parking, Free

Fence None

Roof Type Built-Up

Present Use Restaurant, Service Business

Total Parking Spaces 50

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Others

Senior Community No

Tax ID 109-24-005-A

Financing Carryback

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Arizona Regional MLS (ARMLS)
Listed by Valley of the Sun Real Estate
Bought with Valley of the Sun Real Estate

GET MORE INFORMATION

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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