2050 W Dome Rock Road

Quartzsite, AZ 85346
  • $2,995,000
  • STATUS: Active
  • ON SITE: 73 days
  • MLS #: 5959548
$2,995,000
  • 0
    BEDS
  • 7.9
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 20,746
    SQFT
  • $144
    $/SQFT
Type:
Commercial
Built:
2003
County:
Area:

School Ratings & Info

Description

The Only Motel in Town. Original Owner Since Motel Constructed in 2003. Pre-Tax Income of $267,634 on $800,000 in 2018 Revenues or 33.45% Pre-Tax Income. Revenues and Income Steadily Rising Each Year. 52 Rooms, 70 Stalls for Automobiles. 40-70 Stalls for Semi Trucks. 2 Billboards on Property that are Rented and Generating $16,800.00 in Annual Income. Motel is Absolutely Packed During the Season. Freeway Feeds the Motel During the Summer Months. California Lodging, Food & Fuel Taxes are Feeding the Growth of Quartzsite. Absentee Owner is Retiring. Trained, Experienced Staff. Very Clean and Well Organized. Motel has Own Well, Pump House and 10,000 Gallon Storage Tank. Runs on on Septic System. Motel Occupies Small Footprint on 7.9 Acre Parcel. Room for Growth. $22K/Mo Income.

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© 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Openshaw Real Estate Group in partnership with The Jesse Herfel Real Estate Group. Data last updated 2019-10-14T00:10:48.55.
www.thejesseherfelgroup.com/homes/97506288

2050 W Dome Rock Road Quartzsite, AZ 85346

  • Price: $2,995,000
  • Status: Active
  • MLS #: 5959548
0
Beds
0
Baths
0
½ Baths
7.9
Acres
20,746
SQFT
$144
$/SQFT
2003
Built
County:
La Paz
Area:
Quartzsite
Property Description
The Only Motel in Town. Original Owner Since Motel Constructed in 2003. Pre-Tax Income of $267,634 on $800,000 in 2018 Revenues or 33.45% Pre-Tax Income. Revenues and Income Steadily Rising Each Year. 52 Rooms, 70 Stalls for Automobiles. 40-70 Stalls for Semi Trucks. 2 Billboards on Property that are Rented and Generating $16,800.00 in Annual Income. Motel is Absolutely Packed During the Season. Freeway Feeds the Motel During the Summer Months. California Lodging, Food & Fuel Taxes are Feeding the Growth of Quartzsite. Absentee Owner is Retiring. Trained, Experienced Staff. Very Clean and Well Organized. Motel has Own Well, Pump House and 10,000 Gallon Storage Tank. Runs on on Septic System. Motel Occupies Small Footprint on 7.9 Acre Parcel. Room for Growth. $22K/Mo Income.
Exterior Features

Construction Wood/FrameStucco Covered Parking Spaces 0.00 Exterior Features Dual Street FtgSprinkler Sys-GroundLandscapingBuilding SignSecurity Light(S)Security Camera(S) Fencing Wire (See Remarks) Freeway Highway Frontage Parking FreePaved Parking Roads Dirt/GravelAsphalt/Blacktop Roofing All Tile Stories 2 Stories Total Parking Spaces 140.00 Uncovered Parking Spaces 140.00

Interior Features

Amenities Reception Room Ceiling Height 8 Feet Or Less Cooling Central A/C Flooring Ceramic TileCarpet Heating Electric Interior Features FinishedFire SprinklersSmoke Detector(S)Security SystemSecurity Light(S)Security Camera(S)Alarm SystemSafe/VaultPhone SystemPrivate RestroomsPublic Restrooms

Property Features

Adjusted Gross Inc 800403.00 Annual Elec Exp 30000.00 Annual Gas Exp 0.00 Annual Ins Exp 12000.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 1200.00 Annual Legal And Acctg 0.00 Annual Maint Exp 5000.00 Annual Mgmt Exp 150000.00 Annual Other Expense 330916.59 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 2000.00 Annual Wtr Swr Exp 2400.00 Building Type Other (See Remarks) Cross Street Interstate 10 & Highway 95 Current Use Other (See Remarks) Electric Aps220 Gas None Gross Annual Sch Inc 783603.00 Hoa Fee 0.00 Hoa YN No Loading Facilities None Lot Number 0 Net Operating Income 267634.00 Operating Exp 571094.59 Other Income 16800.00 Ownership Fee Simple Pad Fee 0.00 Sewer Septic in & Cnctd Source Of Financial Data Provided By OwnerBooks Shown Taxes 37578.00 Traffic Count 50001 To 75000 Vacancy Allowance 0.00 Water Domestic Well Zoning Commercial

Listing courtesy of Valley Of The Sun Real Estate.


© 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Openshaw Real Estate Group in partnership with The Jesse Herfel Real Estate Group. Data last updated 2019-10-14T00:10:48.55.
 
Openshaw Real Estate Group in partnership with The Jesse Herfel Real Estate Group
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