660 Haskell AveWillcox, AZ 85643

Property Details for 660 Haskell Ave

Year built

1948

Construction

STEEL FRAME

Lot size

2.17 AC

Property size (Sq ft)

4,931 SF

Property type

Hospitality properties

Property subtype

Motels

APN

203-27-012

APU

20327012

Description

Exceptional investment opportunity awaits with Rose's Motel, a charming 20-key hotel situated at 660 N Haskell Ave, Willcox, Arizona, 85643. This single-story, 4,931 square foot property sits on a generous 2.40-acre lot and was built in 1948. Currently operating as a motel, the property is zoned C, offering flexibility for various hospitality ventures. The asking price is $999,990, representing a compelling price per key of $50,000. Located in a thriving area of Willcox, the motel benefits from a growing population and promising nearby income demographics, suggesting strong potential for increased revenue. The property's vintage charm combined with its strategic location presents a unique opportunity for investors seeking a blend of historical significance and solid financial returns. This is a chance to acquire a piece of Willcox's heritage and capitalize on a burgeoning market. The property's 20 keys provide immediate income potential, while the spacious lot allows for potential expansion or redevelopment. Serious inquiries are encouraged to explore this exceptional investment opportunity further.

• CAP approach

  CAP return

  Valuation

  6%

  $554,949

  6.5%

  $512,261

  7%

  $475,671

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,928,218

  Geo Method

  $1,928,218

• Alternative Use

  Use

  Valuation

  Residential

  $559,240

  Hospitality

  $512,261

  Educational

  $426,195

  Medical

  $440,852

  Retail

  $662,970

Location Insight

City

Willcox

County

Cochise

State

Arizona

Latitude

32.2609

Longitude

-109.828

CBSA code

43420

CBSA name

SIERRA VISTA-DOUGLAS, AZ MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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