106 1St StYuma, AZ 85364

Property Details for 106 1St St

Year built

1983

Construction

CONCRETE

Lot size

0.33 AC

Property size (Sq ft)

4,256 SF

Zone code

OT

Property type

Office properties

Property subtype

Office buildings

APN

633-36-241

APU

63336241

Description

The Hotel San Carlos, a historic Yuma landmark located at 106 E 1st St, Yuma, AZ 85364, presents a unique investment opportunity. This hospitality property boasts a total building area of 45,975 square feet, encompassing a diverse range of accommodations and common spaces. The hotel features 32 studio units, each measuring approximately 304 square feet, and 28 one-bedroom, one-bathroom units, each approximately 365 square feet. The building's layout includes distinct areas: floors two through five dedicated to common areas totaling 7,734 square feet

• CAP approach

  CAP return

  Valuation

  6%

  $744,035

  6.5%

  $686,801

  7%

  $637,744

• Comparable approach

  Method

  Valuation

  Relative Method

  $700,041

  Geo Method

  $700,041

• Alternative Use

  Use

  Valuation

  Residential

  $851,634

  Hospitality

  $780,092

  Educational

  $649,027

  Medical

  $671,348

  Retail

  $1,009,598

Location Insight

City

Yuma

County

Yuma

State

Arizona

Latitude

32.7256

Longitude

-114.618

CBSA code

49740

CBSA name

YUMA, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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