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Tonto Basin, Punkin Center & Roosevelt Lake Area Real Estate

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285 S OLD HIGHWAY 188, Tonto Basin, AZ 85553 (MLS# 85670)

$998,000
285 S OLD HIGHWAY 188
Tonto Basin, AZ 85553
MLS# 85670
10485 sqft
285 S OLD HIGHWAY 188, Tonto Basin, AZ 85553
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285 S OLD HIGHWAY 188, Tonto Basin, AZ 85553 285 S OLD HIGHWAY 188, Tonto Basin, AZ 85553 285 S OLD HIGHWAY 188, Tonto Basin, AZ 85553 285 S OLD HIGHWAY 188, Tonto Basin, AZ 85553 285 S OLD HIGHWAY 188, Tonto Basin, AZ 85553 For hosting group parties. Wood dance floor 285 S OLD HIGHWAY 188, Tonto Basin, AZ 85553 285 S OLD HIGHWAY 188, Tonto Basin, AZ 85553 Celebrity mural in dining 285 S OLD HIGHWAY 188, Tonto Basin, AZ 85553 285 S OLD HIGHWAY 188, Tonto Basin, AZ 85553 285 S OLD HIGHWAY 188, Tonto Basin, AZ 85553 285 S OLD HIGHWAY 188, Tonto Basin, AZ 85553 285 S OLD HIGHWAY 188, Tonto Basin, AZ 85553 285 S OLD HIGHWAY 188, Tonto Basin, AZ 85553 285 S OLD HIGHWAY 188, Tonto Basin, AZ 85553 285 S OLD HIGHWAY 188, Tonto Basin, AZ 85553 285 S OLD HIGHWAY 188, Tonto Basin, AZ 85553 Inside Off Bar area 285 S OLD HIGHWAY 188, Tonto Basin, AZ 85553 285 S OLD HIGHWAY 188, Tonto Basin, AZ 85553 285 S OLD HIGHWAY 188, Tonto Basin, AZ 85553 285 S OLD HIGHWAY 188, Tonto Basin, AZ 85553 285 S OLD HIGHWAY 188, Tonto Basin, AZ 85553 Crafts and swap meet 28 x 52 manager or owner double wide 285 S OLD HIGHWAY 188, Tonto Basin, AZ 85553 285 S OLD HIGHWAY 188, Tonto Basin, AZ 85553 285 S OLD HIGHWAY 188, Tonto Basin, AZ 85553 285 S OLD HIGHWAY 188, Tonto Basin, AZ 85553 Approx 298 sq ft ea 285 S OLD HIGHWAY 188, Tonto Basin, AZ 85553 285 S OLD HIGHWAY 188, Tonto Basin, AZ 85553 285 S OLD HIGHWAY 188, Tonto Basin, AZ 85553 285 S OLD HIGHWAY 188, Tonto Basin, AZ 85553 285 S OLD HIGHWAY 188, Tonto Basin, AZ 85553 285 S OLD HIGHWAY 188, Tonto Basin, AZ 85553 285 S OLD HIGHWAY 188, Tonto Basin, AZ 85553 100 miles of shoreline 285 S OLD HIGHWAY 188, Tonto Basin, AZ 85553

Property Description
Own this Central ARizona Historic Landmark!! Punkin Center Bar Restaurant & Punkin Center Lodge! Own both for a Unique recreational destination for large groups / parties celebrating weddings, anniversaries and gatherings of all kinds! Relax and enjoy life! No driving! 10 minutes to Roosevelt Lake and access to all of Tonto National Forest! Lodge has 8 kitchenettes + 5 add'l units. Bar and Restaurant has 4610 sq ft plus huge covered patio, horseshoe pits Private Well & Community Well. Walk to 3 RV Parks Tonto Creek, Post Office, Elementary school, Public Library & Auto Repair Unlimited potential! Call today!

Details
Maps
Contract Information
Property Sub-Type: Business & Real Estate
List Price: $998,000
Current Price: $998,000
List Price/SqFt: 95.18
List Date: 2021-10-10
List Type: Exclusive ARS
Foreclosure: No
Sale/Lease: Sale
Location, Tax & Legal
Street #: 285
Direction: S
Street Name: OLD HIGHWAY 188
State: AZ
Zip Code: 85553
Area: Tonto Basin
Sub Code: Tonto Basin
County: Gila
Zoning: GU
Taxes: 5911
Tax Year: 2021
Assessor's Book #: 201
Lot #: 5
Assessor's Map #: 07
Assessor's Parcel #: 004
Assessor's Parcl Ltr: R
APN #: 201-07-004R
HOA: No
Builder Name: N/A
Legal Description: tax parcel 201-07-004DLegal Summary 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 AND 201-07-004R PARCEL1OF ROS 865 IN SEC 10 T6N R10E; (OUT OF 201-07-004P) A/A 1993 28X52 PALM HARBOR MH VINAS19890X-UFEE 2000
General Property Description
Acres: 2.42
Lot Dimensions: See maps
# Parking Spaces: 30
Apx SqFt: 10485
Year Built: 1990
Land Size: 2.42
Building Size: 5668
# of Tenants: 10 - 14
Vacancy %: 15
Remarks & Misc
Directions: Hwy 87 to Hwy 188, approx 13 miles to turn off into Punkin Center on Greenback Valley Rd. Lodge is on left adjoining Punkin Center Bar/Restaurant.
Status Change Info
Status: Active
Currently Not Used
Total Rooms: 13
Income/Sales Info
Net Operating Income: CLO
Cap Rate: CLO
Down Payment: CLO
Gross Sales: 360000
Improvements: CLO
Loan Info
1st Assumable: No
Accelerate: Yes
Must Qualify: Yes
Lender: None
Type/Style
N/A - Other: Palm Harbor 1456 sf
Siding
N/A - Other: Block
Utilities Available
N/A - Other: 5 APS meters
Form of Ownership
N/A - Other: LLC
Sale Price Includes
N/A - Other: #6 liquor License
Motel Includes
N/A - Other: Furnishings
Property Features
To Show: Do Not Call Manager
Location: Rural; Downtown; Freestanding; Highway Front
Type/Style: Single Level; Two Story
Garage/Carport: RV Parking
Lot/Street Improvem.: Curbs; Sidewalks; Unpaved Parking; Blacktop Street; Gravel Street
Construction: New Construction; Block
Roof: Metal
Property Features: Chain Link; Partially Fenced
Exterior Features: Landscaping; View of Mountains; View of Town; RV Hook Up; Storage/Utility Shed; Satellite Dish; Private Yards
Interior Features: Vaulted Ceiling; Smoke Detectors; Refrigerator; Range/Oven; Dishwasher; Laundry Room; Laundry Facilities
Floor Type: Slab
Floor Covering: Carpeting; Wood; Tile; Concrete
Cooling: Electric Refrig.; Evaporative; Ceiling Fan; Window Unit
Heating: Forced Air; Fireplace/Woodstove; Electric
Fireplace/Woodstove: Fireplace
Utilities Available: Electricity; Private Well; Co-Op Well; Septic Tank Installed; Telephone; Cable TV/Satellite; Trash; Master Meter
Possession: At Close of Escrow
Tenant Pays: None
Owner May Sell/Terms: Cash; Conventional; 1031 Exchange; Submit
Documents on File: SPDS; Survey; Current Profit/Loss; Equipment List
Exist. Finance Fees: Free & Clear; N/A - Other
Management: Owner/Family
Sale Price Includes: Business; Building; Land; Fixtures; Equipment; Inventory; Personal Property; Business Trade Name; Goodwill; Licenses
Motel Includes: Bar; Restaurant; Land
Avg Room Rent/Night: 61 - 80
Training: One Week
Gen Improvement Info: Improvement Fee
General Land Info: Land Fee
Occupancy: Owner Occupied

Listing Office: RAMBO REALTY & INVESTMENT

Last Updated: April - 07 - 2022

285 S OLD HIGHWAY 188, Tonto Basin, AZ 85553 - MLS# 85670

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