8933 Yell LnHereford, AZ 85615

Property Details for 8933 Yell Ln

Year built

1996

Construction

STEEL FRAME

Lot size

5.58 AC

Property size (Sq ft)

7,269 SF

Property type

Motels

APN

104-42-009D

APU

10442009D

Description

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.

Location Insight

City

Hereford

County

Cochise

State

Arizona

Latitude

31.4086

Longitude

-110.106

CBSA code

43420

CBSA name

SIERRA VISTA-DOUGLAS, AZ MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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