$550,000
Tonto Basin, AZ 85553
MLS# 91971
1 / 34
Property Description
Pumpkin Center Lodge - Tonto Basin's only lodging property. Exceptional investment opportunity with 10.96% cap rate on $60,256.64 NOI. Property sits on over 1 acre directly adjacent to the historic Pumpkin Center Bar (100+ year community landmark, also for sale by same owners). 13 total units in 2 buildings: single-story building with 5 units at approximately 335 sq ft each, and larger building with 8 efficiency suites at approximately 505 sq ft each featuring kitchenettes and refrigerators. All units have brand new air conditioning. On-site property manager included. Strong upside potential - property has never been marketed on Airbnb or VRBO. Opportunity to significantly increase short-term rental income or convert units to long-term leases. Beloved by local anglers and outdoor enthusiasts. Ample parking for cars, boats, and RVs. Back patio with barbecues. Turnkey operation in prime Tonto Basin location near Roosevelt Lake with year-round demand and no competing lodging nearby.
Details
Maps
Contract Information
Foreclosure: No
Sale/Lease: Sale
Property Sub-Type: Business & Real Estate
List Price: $550,000
Current Price: $550,000
List Date: 2025-04-07
List Type: Exclusive ARS
Location, Tax & Legal
Zoning: Mixed Use Comm
Taxes: 4486
Tax Year: 2024
Assessor's Book #: 201
Assessor's Map #: 07
Assessor's Parcel #: 004
APN #: 201-07-004
HOA: No
Legal Description: SECTION: 10 TOWNSHIP: 06N RANGE: 10E COM AT SE COR SEC 10, TH N ALG E LINE 1070.85'; TH S89D40'W 83.32', TH N25D19'20''W 117.91' TO POB, TH CONT N25D19'20''W 206.07', TH S89D40'W 194.18' TO A POINT ON CENTERLINE OF HWY 188, TH S3D5'40''E 187', TH N89D40'E 272.23' TO POBSUBJ TO EASEMENT 1.00 AC M/L 350/417 387/805 388/933 564/468
Street #: 249
Street Name: Old Hwy 188
State: AZ
Zip Code: 85553
Area: Tonto Basin
Sub Code: Tonto Basin
County: Gila
Location
Downtown: 1
Highway Front: 1
General Property Description
Acres: 1.01
Lot Dimensions: irregular
# Parking Spaces: 70
Land Size: 2.44
Building Size: 8166
# of Tenants: 1 - 4
Vacancy %: 50
Year Built: 1986
Remarks & Misc
Directions: From Beeline Highway AZ-87: Turn onto AZ-188 S. drive 13.4 mi. Turn left onto Old Hwy 188. Property is about a 1/4 mile on the left
Public Remarks: Pumpkin Center Lodge - Tonto Basin's only lodging property. Exceptional investment opportunity with 10.96% cap rate on $60,256.64 NOI. Property sits on over 1 acre directly adjacent to the historic Pumpkin Center Bar (100+ year community landmark, also for sale by same owners). 13 total units in 2 buildings: single-story building with 5 units at approximately 335 sq ft each, and larger building with 8 efficiency suites at approximately 505 sq ft each featuring kitchenettes and refrigerators. All units have brand new air conditioning. On-site property manager included.
Strong upside potential - property has never been marketed on Airbnb or VRBO. Opportunity to significantly increase short-term rental income or convert units to long-term leases. Beloved by local anglers and outdoor enthusiasts. Ample parking for cars, boats, and RVs. Back patio with barbecues. Turnkey operation in prime Tonto Basin location near Roosevelt Lake with year-round demand and no competing lodging nearby.
Status Change Info
Seller Concess to Buyer: $0
Status: Active
Currently Not Used
Total Rooms: 11
To Show
Showing Service Name: None
Income/Sales Info
Net Operating Income: 100,000+
Cap Rate: 9 - 9.9%
Down Payment: CLO
Gross Sales: 677000
Improvements: CLO
Loan Info
1st Assumable: No
Accelerate: No
Must Qualify: No
Cash to Assume: 0
Ttl Pmt after Assmpt: 0
Construction
Wood Frame: 1
Block: 1
Type/Style
Two Story: 1
Garage/Carport
None: 1
Exterior Features
View of Mountains: 1
Roof
N/A - Other: Composition
Utilities Available
Electricity: 1
Propane Tank Leased: 1
Private Well: 1
Septic Tank Installed: 1
Heating
Propane: 1
Possession
At Close of Escrow: 1
Owner May Sell/Terms
Cash: 1
Conventional: 1
1031 Exchange: 1
Cooling
Central: 1
Evaporative: 1
Documents on File
Balance Sheet: 1
Exist. Finance Fees
Free & Clear: 1
Management
Owner/Family: 1
Form of Ownership
Partnership: 1
Sale Price Includes
Business: 1
Building: 1
Land: 1
Fixtures: 1
Equipment: 1
Inventory: 1
Training: 1
Personal Property: 1
Business Trade Name: 1
Motel Includes
Bar: 1
Restaurant: 1
Land: 1
Avg Room Rent/Night
81 - 100: 1
101 - 150: 1
Training
Two Weeks: 1
General Land Info
Land Fee: 1
Occupancy
Owner Occupied: 1
Property Features
Location: Downtown; Highway Front
Construction: Wood Frame; Block
Exterior Features: View of Mountains
Cooling: Central; Evaporative
Heating: Propane
Utilities Available: Electricity; Propane Tank Leased; Private Well; Septic Tank Installed
Possession: At Close of Escrow
Documents on File: Balance Sheet
Management: Owner/Family
Form of Ownership: Partnership
Sale Price Includes: Business; Building; Land; Fixtures; Equipment; Inventory; Training; Personal Property; Business Trade Name
Motel Includes: Bar; Restaurant; Land
Training: Two Weeks
General Land Info: Land Fee
Occupancy: Owner Occupied
IDX
Listing Office: Realty ONE Group
Last Updated: November - 04 - 2025
All information is deemed reliable but not guaranteed. The listings on this site are displayed courtesy of the IDX program of Central Arizona BOR and may not be the listings of the site owner.
Disclaimer: All information provided is deemed reliable but is not guaranteed and should be independently verified. All property and lots are subject to prior sale. All real estate advertising placed for real properties in the United States is subject to the U.S. Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise "any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination."Our readers are hereby informed that all dwellings, under the jurisdiction of U.S. Federal regulations, advertised in this service are available on an equal opportunity basis.
