$12,800,000
Sedona, AZ 86336
MLS# 6649550
1 / 54
Property Description
Reduced for quick closing! Once in a lifetime unique offering nestled within the Canyon walls, on the perennial stream of Oak Creek in Sedona. Iconic Don Hoels Historic Cabin Resort on nearly 27 acres (2 parcels) of tranquil wooded land with soaring ponderosa pine trees, speckled with 33 unique & charming cabin structures built over the span of 70 years comprised of log, stone & wood construction. Consisting of 20 guest cabins, lobby/market, commercial kitchen event venue spaces, laundry building, 2 well pump houses, storage/garage structures, employee housing & more! Infrastructure upgrades include newer well, underground electric, private sewerage treatment facility! Amazing opportunity with tremendous upside potential. Zoning allows for 9 more cabins. As-Is Sale/Redevelopment Opp.
Details
Maps
Contract Info
Current Price: $12,800,000
List Price: $12,800,000
Status: Active
List Date: 2024-01-10
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 9440
Compass: N
Street Name: STATE ROUTE 89A
St Suffix: --
City/Town Code: Sedona
State/Province: AZ
Zip Code: 86336
Zip4: 9623
Country: USA
County Code: Coconino
Legal Description (Abbrev): TRACT: 7 QUARTER: NW SECTION: 04 TOWNSHIP: 18N RANGE: 06E PCL LAND LYING W/IN GVNMT LOTS 7 & 8 OF SE
Assessor's Map #: 17
Assessor's Parcel #: 1
Assessor Parcel Ltr: H
Add'l Parcels: Yes
Assessor Number: 405-17-001-H
Census Tract: 1600
Legal: TRACT: 7 QUARTER: NW SECTION: 04 TOWNSHIP: 18N RANGE: 06E PCL LAND LYING W/IN GVNMT LOTS 7 & 8 OF SE...
Tax Municipality: Coconino - COUNTY
Taxes: 19092
Tax Year: 2022
General Property Description
Type of Property: Resort/Hotel
Ttl Apx SqFt Bldg: 16583
# of Buildings: 33
Lot Size Dimensions: irregular
Year Built: 1955
Uncvrd Parking Spcs: 50
Zoning: Resort
Remarks & Misc
Cross Street: Downtown Sedona
Directions: North past Slide Rock State Park 2 miles to resort on East side of street
Geo Lat: 34.979207
Geo Lon: -111.745649
Status Change Info
Status Change Date: 2024-04-30
Legal Info
Township: 18N
Range: 06E
Section: 04
Lot Number: 7&8
Income & Expenses
Owner Association: No
Operating Exp: 19092
Gross Annual Sch Inc: 1350000
Other Income: 480000
Adjusted Gross Inc: 1830000
Net Operating Income: 1239150
Pmt & Rate Info
Cap Rate: 9.68
Equity: 12800000
Showing Notification Methods
Showing Service: No Showing Service Used
Property Features
Building Type: Commercial; Other (See Remarks)
Current Use: Mixed Use; Service Business; Religious Facility; Packge Store(Liquor); Recreational; Retail; Other; See Remarks
Stories: 1 Story
Construction: Frame - Wood; Other (See Remarks)
Roofing: Comp Shingle; Shake; Metal; Other (See Remarks)
Floors: Concrete; Vinyl; Wood; Ceramic Tile; Carpet; Other
Ceiling Height: 8 Feet or Less; 8.1 Feet to 10 Feet; 10.1 Feet to 12 Feet; 12.1 Feet to 14 Feet; 14.1 Feet to 16 Feet
Heating: Propane; 2 or More Units; Other; See Remarks
Cooling: Central A/C; Office A/C; Other; See Remarks
Loading Facilities: Other (See Remarks)
Interior: Finished; Smoke Detector(s); Security System; Security Light(s); Security Camera(s); Alarm System; Safe/Vault; Private Restrooms; Public Restrooms; Other (See Remarks)
Exterior: Sprinkler Sys-Ground; Landscaping; Storage Yard; Roof Sign; Building Sign; Monument Sign; Other (See Remarks)
Fencing: Wood; Partial; Other; See Remarks
Amenities: Conference Room; Reception Room; Kitchen; Computer Room; Raised Floor; Security Gate; Other (See Remarks)
Parking: Fenced; Free; Public Parking; Private Parking; Paved Parking; Other (See Remarks)
Electric: APS; Underground; Master Meter
Gas: Propane Piped
Water: Domestic Well; Other
Sewer: Sewer - Private; Other (See Remarks)
New Financing: Other (See Remarks)
Showing Notification Methods: Phone Call
Lockbox Type: None
Source of Fincl Data: Provided by Owner; Other (See Remarks)
Reports/Disclosures: Water Well Report
Environmental: None
Listing Office: RE/MAX Alliance Group
Last Updated: May - 02 - 2024
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