$1,500,000
Williams, AZ 86046
MLS# 194314
Status: Closed
12496 sqft
1 / 33
Property Description
Motel is currently operating and producing a profit. Don't miss this unique opportunity to own the oldest motor hotel in Williams. Strategically located at beginning of downtown in the historic district within close walking distance to Safeway, most City attractions including Grand Canyon Railway, Restaurants and gift shops. The 22 motel also includes Manager/owner quarters. All Rooms have been well maintained they are decorated with 50's motif, ac/heat units, personal refrigerator, microwave,carpet, couches etc. Some of the rooms have new carpet and couches. There is also Guest Laundry room and Guest seating area. You can use the Basement for additional storage. There has been numerous improvements such as Roof over Office was redone in 2017.
Details
Maps
Contract Info
Status: Closed
Listing Agreement Date: 2023-08-10
Sold Price: $1,150,000
Current Price: $1,150,000
List Price/SqFt: 120.03
Property Sub-Type: Other/Misc
Location Tax Legal
County: Coconino
Area: 910 - Williams City
Street #: 315
Direction: W
Street Name: Route 66
City/Town Code: Williams
State/Province: AZ
Zip Code: 86046
Geo Lat: 35.24959
Geo Lon: -112.19005
Key Words
Sale/Rent: Rent $70.00 and up
Net Op Inc: $80,000 - 99,999
Cap Rate: 1 - 7.9%
Down Payment: Submit
Imprv Sz (Gross SF): 0 - 1,999
#Tenants/Units: 20 - 49
Land Size: .5 - .9 AC
Trade/Exchange: Not Applicable
General Property Description
Dimensions: 142.24x206.04x92.16
Acres: 0.57
Year Built: 1942
Approx SqFt: 12496
NLSF: F
Status Change Info
Sold Date: 2023-12-29
Sold Price: $1,150,000
Sold Price/SqFt: 92.02
Financing: Owner Carry 1st
To Show
Other: 48 hour notice
Terms of Sale
Other: Owner Carry with 50%
Leases
Other: daily rates
Occupancy
Other: Hotel Rooms
Property Features
To Show: Drive By/Don't Enter; No Sign on Prop.
Terms of Sale: 1031 Exchange; Cash
Flood Zone: D-Undetermined
Interior Amenities: Living Qtrs.
Exterior Amenities: Landscaped
Management: Manager
Construction: One Story; Masonry; Wired to Code
Roof: Asphalt Shingle; Pitched
Heating: Natural Gas
Cooling: Individual A/C Units
Utilities: City Water; Electric; Natural Gas; Sewer; Telephone; TV Cable
Lot Street Imprvmnts: Paved Parking; Sidewalks; St-Blacktop
Location: Downtown
Freeway Turn Time: 1-4 Min
Possession: COE +
Supplements
Outside porch, Main Office, and landscaping have also been Remodeled. The main sign outside has been kept maintained to stay looking sharp and Keep drawing in new customers. Other Attractions nearby are Bearizona, Canyon Coaster Adventure Park. Owner Carry Available with 50% Down. Don't let this business opportunity pass you by. Call today for details.
Listing Office: Better Homes and Gardens Real Estate Grand View North
Last Updated: September - 06 - 2024
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