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7635 Riverside Avenue, Holbrook, AZ 86025 (MLS# 6632651)

7635 Riverside Avenue, Holbrook, AZ 86025

Property Type: Multiple Dwellings Status: Active
Current Price: $550,000 Last Modified: 11/21/2023


Unlock the Potential of a Historic Gem! Presenting the Painted Desert Motel, nestled off the iconic Historic Route 66. This vintage marvel is primed for a spectacular rebirth with a full remodel. Thousands of travelers and truckers pass by the highly visible Painted Desert Motel daily. Once resurrected and fully operational this motel would be the closet motel to the Petrified Forest National Park. Steeped in the rich history, the original bricks stand testament to its enduring quality. Beyond its weathered facade lies the promise of a spectacular transformation. Imagine the fusion of heritage and modernity, an enchanting blend that this property eagerly awaits. The 14 room Painted Desert Motel beckons visionaries and investors seeking to revive a piece of American history.

More Information MLS# 6632651

Contract Info

Current Price: $550,000 List Price: $550,000 Status: Active List Date: 2023-11-20 Ownership: Fee Simple Buyer/Broker: Y Buyer Broker $/%: %

Location, Tax & Legal

House Number: 7635 Street Name: Riverside St Suffix: Avenue City/Town Code: Holbrook State/Province: AZ Zip Code: 86025 Country: USA County Code: Yavapai Assessor's Map #: 31 Assessor's Parcel #: 14 Add'l Parcels: No Assessor Number: 105-31-014 Legal: ARIZ RANCHO #41 LOT 14 Tax Municipality: Navajo - COUNTY Taxes: 681 Tax Year: 2023 Marketing Name: Painted Desert Motel

General Property Description

Lot Size Dimensions: 46,307 Year Built: 1964 Uncvrd Parking Spcs: 18 Total # of Units: 14 # of Buildings: 2 Zoning: C-R Elementary School District: Holbrook Unified District High School District: Holbrook Unified District

Remarks & Misc

Directions: Directly off of Route 66. Take exit 294 to Sun Valley road and head south. Take first left onto Riverside ave and hotel is slightly down the road and the parking lot will be on your right. Geo Lat: 34.979698 Geo Lon: -110.055171

Status Change Info

Status Change Date: 2023-11-20

Legal Info

Township: 105 Section: 31 Lot Number: 014

Income & Expenses

Owner Association: No Operating Exp: 681 Gross Annual Sch Inc: 134400 Vacancy Allowance: 5 Adjusted Gross Inc: 537600

Pmt & Rate Info

Down Payment %: 100 Equity: 550000

Showing Notification Methods

Showing Service: ShowingTime

Efficiency Units

# Efficiency Units: 14 Avg Rent: 800 Avg SqFt: 360

Property Features

Project Type: 13 - 24 Units Other Type: Hotel/Motel Construction: Brick Const - Finish: Painted Roofing: Comp Shingle Floors: Concrete Sale Includes: Land & Building Community Amenities: No Pool Appliances Included: None Heating: Other Cooling: Other Water: City Franchise Sewer: Septic in & Cnctd Electric: Individual Meter Gas: Other (See Remarks) Parking: Other (See Remarks) Roads/Streets: Gravel Owner Pays: See Remarks Tenant Pays: Other (See Remarks) Source of Fincl Data: Provided by Owner Lockbox Type: None Existing 1st Loan: Treat as Free&Clear New Financing: Other (See Remarks) Reports/Disclosures: Other (See Remarks) Environmental: None
Listing Office: eXp Realty
Last Updated: November - 21 - 2023
7635 Riverside Avenue, Holbrook, AZ 86025- MLS# 6632651
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