AZ > Mesa > Desert Sage Tr Blks 5, 6, 7
Mesa, AZ 85207,8019 E MAIN Street
Mesa, AZ 85207,8019 E MAIN Street
Mesa, AZ 85207,8019 E MAIN Street
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Olinda Vargas

Olinda Vargas

+1(602) 487-9296
$3,500,000
Est. payment /mo
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UPDATED:

10/23/2024 12:01 AM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Desert Sage Tr Blks 5, 6, 7

MLS Listing ID 6658864

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1945

Annual Tax Amount $10,345

Tax Year 2023

Lot Dimensions 36,000

Property Description

GREAT OPPORTUNITY TO OWN THE EAST MESA INN MOTEL -- A TURN-KEY 24-UNIT MOTEL WITH 1700 SQ.FT. OWNER'S RESIDENCE ON SITE! FOUR 9,000 SQ. FT. LOTS. THE 2ND-STORY BUILDING WAS BUILT IN 1998. TEN KITCHENETTES. ALL ROOMS HAVE REFRIGERATORS & MICROWAVES. MANY UPGRADES INCLUDING NEW ASPHALT PARKING LOT (2023). NEW 16' X 30' PATIO AREA AWNING FOR OWNER'S SUMMER ENJOYMENT. GUEST ROOMS HAVE UP-TO-DATE KEYLESS ENTRY (NO LOST KEYS!). LAUNDRY ROOM FOR TENANTS. POTENTIAL FOR ADDITIONAL ROOMS TO BE ADDED. GREAT LOCATION -- BUSINESS IS CONVENIENTLY LOCATED TO SR 60 AND THE 202. NINETY PERCENT+ OCCUPANCY. NEW OWNER HAS ROOM TO INCREASE RATES. THIS IS AN ESTABLISHED MOTEL WITH CONSISTENT RETURNING GUESTS.

Location

State AZ

County Maricopa

Community Desert Sage Tr Blks 5, 6, 7

Zoning C-3, R-3

Interior

Heating Individual, Central, Electric

Cooling Central A/C, Individual, Electric, Ceiling Fan(s)

Flooring Ceramic Tile

Appliance Microwave

Exterior

Garage Paved Parking, Add'l Parking Avail, 1 Space/Unit

Community Features Manager Res/Office, No Pool

Waterfront No

Roof Type Tile,Built-Up,Metal

Total Parking Spaces 24

Building

Sewer Septic in & Cnctd, Septic Tank

Water City Franchise

New Construction Yes

Schools

School District Mesa Unified District

Others

Senior Community No

Tax ID 218-32-007

Acceptable Financing Conventional, 1031 Exchange

Listing Terms Conventional, 1031 Exchange

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Arizona Regional MLS (ARMLS)

Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by Iannelli and Associates

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Olinda Vargas

+1(602) 487-9296

Agent | License ID: SA701174000

Agent License ID: SA701174000

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8019 E MAIN Street