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About This Home
This 0-bedroom, 0-bathroom single family at 249 S OLD HIGHWAY 188 in Tonto Basin, AZ is listed for $480,000 ($85 per sqft). Built in 1986, the home offers 5,668 sqft of living space on a 1.02 acres lot.
Pumpkin Center Lodge - Tonto Basin's only lodging property. Exceptional investment opportunity with 10.96% cap rate on $60,256.64 NOI. Property sits on over 1 acre directly adjacent to the historic Pumpkin Center Bar (100+ year community landmark, also for sale by same owners).
13 total units in 2 buildings: single-story building with 5 units at approximately 335 sq ft each, and larger building with 8 efficiency suites at approximately 505 sq ft each featuring kitchenettes and refrigerators. All units have brand new air conditioning.
On-site property manager included. Strong upside potential - property has never been marketed on Airbnb or VRBO. Opportunity to significantly increase short-term rental income or convert units to long-term leases. Beloved by local anglers and outdoor enthusiasts. Ample parking for cars, boats, and RVs. Back patio with barbecues. Turnkey operation in prime Tonto Basin location near Roosevelt Lake with year-round demand and no competing lodging nearby.
Key Features
- Built in 1986
- 1.02 acre lot
Property Details
Amenities
Monthly Cost Estimate
$2,567/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
249 S OLD HIGHWAY 188
Tonto Basin, AZ 85553
Property Details
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom single family at 249 S OLD HIGHWAY 188 is listed at $480,000 ($85/sqft). The estimated monthly payment is $2,080 based on 20% down at 6.5% interest.
Key features include: Built in 1986, 1.02 acre lot.
This property is listed by Geoffrey Adams and can be reached at 6027408428 or geoff@agentcollective.com.