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$2,800,000
101 W Phoenix Street
Payson, AZ 85541
MLS# 6981184



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Property Description
This 39 room motel is located at the entrance into the heart of Payson, Arizona's beautiful Rim Country. Refurbished and spacious rooms on this well cared for property with 1.58 acres of land. One bedroom apartment for owner/manager, positioned right on the Beeline Highway, the main thoroughfare through Payson. Ample parking and great potential for this fine property. All refurbished and remodeled inside and out is 2020-2021.

Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $2,800,000
List Price: $2,800,000
Status: Active
List Date: 2026-02-06
Location, Tax & Legal
Assessor's Map #: 17
Assessor's Parcel #: 117
Assessor Parcel Ltr: A
Add'l Parcels: No
Tax Municipality: Payson
Taxes: 16319
Legal: POR TRACTS 27 & 28, PINE RIDGE ADDITION REPLATTED, PLAT 80, COMM AT SW SOR TRACT 27; TH S89D50'E, 108.0'; TH NELY ALG R
House Number: 101
Compass: W
Street Name: Phoenix
St Suffix: Street
City/Town Code: Payson
State/Province: AZ
Zip Code: 85541
County Code: Gila
Subdivision: Pine Ridge Addition
Assessor Number: 304-17-117-A
Tax Year: 2022
General Property Description
Type of Property: Hotel
Ttl Apx SqFt Bldg: 14892
# of Buildings: 2
Uncvrd Parking Spcs: 42
Lot Size Dimensions: 310.08x288.3x224.12x399.83
Year Built: 1983
Zoning: r3
Currently Not Used
Sold Price Per SqFt: 188.02
Construction
Wood Frame: 1
Roofing
Composition: 1
Floors
Vinyl: 1
Ceramic Tile: 1
Carpet: 1
Income & Expenses
Annual Elec Exp: 18000
Annual Ins Exp: 8500
Annual Landscape Exp: 1400
Annual Legal & Acctg: 1800
Annual Maint Exp: 9000
Annual Mgmt Exp: 82500
Annual Trash Exp: 800
Annual Wtr/Swr Exp: 9900
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual Other Expense: 159600
Operating Exp: 307819
Other Income: 31000
Vacancy Allowance: 0.67
Adjusted Gross Inc: 479820
Building Type
Commercial: 1
Other (See Remarks): 1
Business Type
Other: 1
Pmt & Rate Info
Cap Rate: 6.14
Equity: 2800000
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Phone Call: 1
Lockbox Type
None: 1
Ceiling Height
10.1 Feet to 12 Feet: 1
Heating
Electric: 1
Cooling
Window/Wall Unit: 1
Interior Features
Finished: 1
Smoke Detector(s): 1
Phone System: 1
Private Restrooms: 1
Loading Facilities
None: 1
Road Surface Type
Asphalt: 1
Exterior
Corner Lot: 1
Dual Street Ftg: 1
Landscaping: 1
Pole Sign: 1
Building Sign: 1
Security Light(s): 1
Source of Fincl Data
Accountant: 1
Fencing
None: 1
Water Source
City Franchise: 1
Freeway/Highway
Frontage: 1
Building Features
Reception Room: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
Electric
APS: 1
Gas
None: 1
New Financing
Owner May Carry: 1
Existing 1st Loan
Private: 1
Existing 1st Loan Type
Fixed: 1
Existing 1st Loan Terms
Non Assumable: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Remarks Misc
Cross Street: Beeline Hwy & Phoenix
Directions: SW Corner of Beeline Hwy and Phoenix
Geo Lat: 34.22621
Geo Lon: -111.331221
Legal Info
Lot Number: long legal
Income Expenses
Gross Annual Sch Inc: 1423000
Net Operating Income: 172000
Property Features
Building Type: Commercial; Other (See Remarks)
Business Type: Other
Construction: Wood Frame
Roofing: Composition
Floors: Vinyl; Ceramic Tile; Carpet
Ceiling Height: 10.1 Feet to 12 Feet
Cooling: Window/Wall Unit
Loading Facilities: None
Interior Features: Finished; Smoke Detector(s); Phone System; Private Restrooms
Exterior: Corner Lot; Dual Street Ftg; Landscaping; Pole Sign; Building Sign; Security Light(s)
Fencing: None
Building Features: Reception Room
Parking Features: Free
Electric: APS
Gas: None
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Owner May Carry
Showing Notification Methods: Phone Call
Lockbox Type: None
Source of Fincl Data: Accountant
Existing 1st Loan: Private
Existing 1st Loan Type: Fixed
Existing 1st Loan Terms: Non Assumable
Road Surface Type: Asphalt
Environmental: None

IDX
Listing Office: BHHS Advantage Realty - Payson

Last Updated: February - 07 - 2026

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