858 White Mountain BlvdPinetop, AZ 85935

Property Details for 858 White Mountain Blvd

Year built

1979

Lot size

0.51 AC

Property type

Other commercial real estate

Description

This exceptional 15-unit lodging facility, nestled in Arizona's White Mountains, presents a lucrative investment opportunity. The property boasts 2,000 square feet of flexible commercial space, ideal for expansion or complementary business ventures. Completely renovated in 2022, the lodge features modern rustic finishes throughout all 15 units. Upgrades include a new 400-amp electrical service with underground feed, new plumbing, individual AC units in each room, spray foam insulation, new windows, and new Dutch doors. A fully equipped laundry room with four new stackable units and two new water heaters with a recirculation pump provides added tenant amenities. Ample parking is available. The gourmet kitchen offers potential for various income-generating uses. Financial projections indicate a knowledgeable owner-operator could achieve annual gross revenue exceeding $450,000. Situated on a 0.51-acre lot, this well-maintained property is turnkey and ready for immediate operation. This is a rare chance to acquire a thriving business in a highly desirable Arizona location. The property is offered at $2,300,000.

Location Insight

City

Pinetop

County

Navajo

State

Arizona

Latitude

34.128

Longitude

-109.945

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