Skip To Content

318 W Business Loop

Bowie, AZ 85605
  • $118,000
  • STATUS: Active
  • ON SITE: 196 Days
  • MLS #: 6613573
$118,000
  • 0
    BEDS
  • 0.84
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,898
    SQFT
  • $30
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1950
County:
Area:

School Ratings & Info

Description

This 11-unit motel is the perfect opportunity for a savvy investor or entrepreneur. Located in a high-traffic area with a huge need for Monthly Rentals in the agricultural sector. The motel has the potential to generate significant income once it has been renovated and reopened. Various room sizes and Configurations. Each unit has a 3/4 bath. Main 2 bedroom home/ office has Full bath w/ tub, kitchen and fireplace. Other features: communal laundry and kitchen space, Outdoor Fireplace & Ramada, Small Storage building in back, 7 RV spots (2 of which have sewer dumps). Two new septic tanks were installed in 2018 at a cost of $16,000. Could be Converted into / used as a Multi-Family Unit Complex. The previous owner was collecting $5,000 gross monthly before having to shut down. With a little TLC, this motel could be a gold mine.

Monthly Payment Calculator



Arizona Regional MLS logo© 2024 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 Patty LaBenske | eXp Realty. Data last updated 2024-04-04T00:16:08.4.
www.phoenixonlinehomesearch.com/homes/144087592
Print Image

318 W Business Loop Bowie, AZ 85605

  • Price: $118,000
  • Status: Active
  • On Site: 196 Days
  • MLS #: 6613573
0
Beds
0
Baths
0
½ Baths
0.84
Acres
3,898
SQFT
$30
$/SQFT
1950
Built
Neighborhood:
Bowie
County:
Cochise
Area:
Bowie
Property Description
This 11-unit motel is the perfect opportunity for a savvy investor or entrepreneur. Located in a high-traffic area with a huge need for Monthly Rentals in the agricultural sector. The motel has the potential to generate significant income once it has been renovated and reopened. Various room sizes and Configurations. Each unit has a 3/4 bath. Main 2 bedroom home/ office has Full bath w/ tub, kitchen and fireplace. Other features: communal laundry and kitchen space, Outdoor Fireplace & Ramada, Small Storage building in back, 7 RV spots (2 of which have sewer dumps). Two new septic tanks were installed in 2018 at a cost of $16,000. Could be Converted into / used as a Multi-Family Unit Complex. The previous owner was collecting $5,000 gross monthly before having to shut down. With a little TLC, this motel could be a gold mine.
Exterior Features

Attached Garage YN No Construction Materials Brick Covered Spaces 8 Fencing Chain Link Open Parking Spaces 0 Parking Features Private Parking Road Surface Type Asphalt Roof Tile

Interior Features

Cooling Wall/Window Unit(s) Heating See Remarks2 or More UnitsNatural Gas

Property Features

Disclosures Vicinity of an AirportSeller Prop Disc Stm Flood Zone No Flooring CarpetVinylConcrete Gross Income 0 Ownership Fee Simple Sewer Septic Tank Structure Type Other (See Remarks) Tax Annual Amount 892.62 Tax Year 2023 Water Source City Franchise Zoning GB

Arizona Regional MLS logo Listing provided by Tierra Antigua Realty, LLC: .


Arizona Regional MLS logo© 2024 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 Patty LaBenske | eXp Realty. Data last updated 2024-04-04T00:16:08.4.
 
https://bt-photos.global.ssl.fastly.net/armls/1280_boomver_1_6613573-2.jpg https://bt-photos.global.ssl.fastly.net/armls/1280_boomver_1_6613573-2.jpg https://bt-photos.global.ssl.fastly.net/armls/1280_boomver_1_6613573-2.jpg
Logo
Patty LaBenske | eXp Realty
14301 N. 87th St. Suite 215
Scottsdale AZ, 85260