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- $1,400,000
249 S OLD HIGHWAY 188 –, Tonto Basin, AZ 85553
Listing Courtesy of Realty ONE Group
Description
Rare opportunity to own a profitable hospitality portfolio in Tonto Basin, AZ—just minutes from Roosevelt Lake. This 2.44-acre offering includes: Punkin Center Lodge with 11 guest rooms (70% occupancy), a full-service restaurant and bar with a Series 6 liquor license generating $540K/year, and a 2-bed, 2-bath manufactured home with rental potential. Recent upgrades total $191K+. With $677K annual revenue and $200K NOI, this turnkey property offers an 13.3% cap rate and long-term upside from nearby infrastructure growth. Strong demand, limited competition.
Details
Property Location
249 S OLD HIGHWAY 188 --, Tonto Basin, AZ 85553
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