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Bob Nathan

bob.nathan@engelvoelkers.com +1(480) 695-6031

$ 1,550,000

Est. payment -/mo

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Active

2391 S PENROD Lane Pinetop, AZ 85935

UPDATED:

09/09/2024 09:47 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6754739

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1982

Annual Tax Amount $3,875

Tax Year 2023

Lot Dimensions 80x416x259x417 + 102x160

Property Description

Pinetop Vista Cabins is situated on over 3+ acres and includes (5) standalone cabins and (6) total units. The units range in size from 500-750 square feet with an average of 650 square feet. There are (4) 2-bed / 1-bath cabins, (1) 2-bed / 2-bath cabin, and (1) 1-bed / 1-bath cabins. Each cabin features unique configurations and layouts with some having wraparound decks, others large patios to enjoy, and other amenities! The investor that acquires Pinetop Vista Cabins will be pleased to know that over 50% of the reservations come through the owner's website, to go with the sale. Through August 20th the Gross Rents totaled $127,971 (49.5% through AirBnB, 50.5% through PVC website). The investor can choose to update the structures or preserve the rustic charm. The opportunities are endless!

Location

State AZ

County Navajo

Zoning --

Interior

Heating See Remarks

Cooling See Remarks

Flooring Ceramic Tile, Vinyl, Wood

Appliance Other (See Remarks)

Exterior

Garage Other (See Remarks), Free, Add'l Parking Avail

Community Features Other, See Remarks, Spa(s), No Pool

Waterfront No

Roof Type Metal

Parking Type Other (See Remarks), Free, Add'l Parking Avail

Total Parking Spaces 20

Building

Sewer Public Sewer

Water City Franchise

Schools

School District Blue Ridge Unified District

Others

Senior Community No

Tax ID 311-44-021

Acceptable Financing Other (See Remarks), No Carry, Conventional, 1031 Exchange

Listing Terms Other (See Remarks), No Carry, Conventional, 1031 Exchange

Listed by ABI Multifamily

Bob Nathan

Global Private Office Advisor & Associate Broker | License ID: BR006110000

+1(480) 695-6031

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