For Sale
$2,488,888

8933 Yell LnHereford, AZ 85615

11-key motel, high occupancy, strong ROI.

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional 11-key motel, Casa de San Pedro, presents a lucrative investment opportunity in Hereford, Arizona. Boasting a 7.80% cap rate and 100% occupancy, this established property offers significant potential for growth. The 7,269 square foot motel sits on a spacious 10.08-acre lot, providing ample room for expansion. Built in 1996 with various renovations throughout its history, the single-story building is zoned for Cochise County and features a unique eco-friendly design. Solar panels significantly reduce energy costs, while a rainwater harvesting system (funded by a Cochise County grant) and an evaporative/transpiration septic system with its own well contribute to sustainable operations. The property's strong financial performance is reflected in its $177,544 net operating income (NOI) and a price per square foot of $398.53. The land itself offers a value of $1 per square foot. Located just 90 miles from Tucson International Airport, this turnkey operation has garnered significant media attention, including features in PBS documentaries, Arizona Highways, Fodor's, and Frommer's, attracting a loyal clientele. An on-site suite can serve as owner/manager housing, or an adjacent residential property is available for separate purchase. The asking price is $2,488,888. APN: 104-42-009D & E.

Highlights

  • $2,488,888 asking price for this 11-key motel.
  • 7,269 square feet on a 10.08-acre lot in Hereford, Arizona.
  • 7.80% cap rate with a $177,544 net operating income (NOI) and 100% occupancy.
  • Priced at $398.53 per square foot; land value is $1 per square foot.
  • Built in 1996, with various renovations; single-story building.
  • Located at 8933 S Yell Ln, Hereford, AZ 85615, APN 104-42-009D & E.

Property Details for 8933 Yell Ln

Property type
Hospitality properties, Motels
Square Feet
7,269 SF
Year Built
1996
Buildings
1
Stories
1
Lot Size (sq. ft)
439,085 SF

Location Insight

City
Hereford
County
Cochise
State
Arizona
Latitude
31.4086182
Longitude
-110.1068108
8933 Yell Ln, Hereford, Arizona

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8933 Yell Ln
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