$5,800,000
Casa Grande, AZ 85193
MLS# 6698582
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Property Description
Prestigious investment opportunity in opportunity zone of Casa Grand! Conveniently located just a few minutes away from restaurants and easy access to I-10. Spacious parking lot, mountain views, pole sign, and palm trees galore. Remodel and maintain as a hotel or convert to assisted living facility or nursing home. This two-story 49,682 SF property has 58 single units and 46 double units for 104 total units. Discover ample bedrooms with abundant natural light, fenced in pool in the courtyard, conference room, banquet hall, kitchen, restaurant, and manager suite. This property is comprised of 2 parcels and 3.91 acres on a private well. This beauty can be the new favorite destination of locals and travelers. Take advantage of this opportunity to own this property with endless potential.
Details
Maps
Contract Info
Current Price: $5,800,000
List Price: $5,800,000
Status: Active
List Date: 2024-04-30
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 5540
Compass: N
Street Name: Sunland Gin
St Suffix: Road
City/Town Code: Casa Grande
State/Province: AZ
Zip Code: 85193
Country: USA
County Code: Pinal
Legal Description (Abbrev): A 3.16 AC PCL IN SE CR OF NE1/4 OF SEC 13-7S-6E
Subdivision: S13 T7S R6E
Assessor's Map #: 33
Assessor's Parcel #: 8
Assessor Parcel Ltr: E
Add'l Parcels: No
Assessor Number: 511-33-008-E
Census Tract: 1900
Legal: A 3.16 AC PCL IN SE CR OF NE1/4 OF SEC 13-7S-6E & N-100' OF S-500' OF E-375' OF SE NE OF SEC 13-7S-6
Tax Municipality: Eloy
Taxes: 17993
Tax Year: 2023
General Property Description
Type of Property: Hotel
Ttl Apx SqFt Bldg: 49683
# of Buildings: 1
Year Built: 1974
Uncvrd Parking Spcs: 135
Zoning: CB-2
Flood Zone: No
Remarks & Misc
Cross Street: I-10 & Sunland Gin Rd
Directions: From I-10, head north on Sunland Gin Rd. Property will be on the left side of the road.
Geo Lat: 32.814574
Geo Lon: -111.671588
Status Change Info
Status Change Date: 2024-04-30
Legal Info
Township: 07S
Range: 06E
Section: 13
Income & Expenses
Owner Association: No
Operating Exp: 17993
Pmt & Rate Info
Equity: 5800000
Showing Notification Methods
Showing Service: Aligned Showings
Property Features
Building Type: Commercial
Current Use: Other
Stories: 2 Stories
Construction: Stucco; Frame - Wood
Roofing: Rolled
Floors: Concrete; Ceramic Tile; Carpet
Ceiling Height: 14.1 Feet to 16 Feet
Heating: Natural Gas
Cooling: Central A/C; Window/Wall Unit
Loading Facilities: Grade Level; Drive-in Door(s)
Interior: Finished; Unfinished; Fire Sprinklers; Smoke Detector(s); Security Camera(s); Alarm System; Phone System; Private Restrooms; Public Restrooms
Exterior: Dual Street Ftg; Landscaping; Pole Sign; Monument Sign; Security Camera(s)
Fencing: None
Amenities: Conference Room; Reception Room; Cafeteria; Kitchen
Parking: Free; Paved Parking
Electric: City Electric
Gas: SW Gas
Water: Domestic Well
Sewer: Sewer - Public
Freeway/Highway: Up to 1 Mile
Railroad: Railroad 1 - 5 Miles
New Financing: Cash Only
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Special: Enterprise Zone
Source of Fincl Data: Provided by Owner; Projected Proforma
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Roads/Streets: Asphalt
Traffic Count: 15,001 to 25,000
Reports/Disclosures: Seller Prop Disc Stm; Appraisal; Well Disclosure
Environmental: None
Listing Office: Realty ONE Group
Last Updated: April - 30 - 2024
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