Bowie, AZ 85605,318 W BUSINESS Loop
Bowie, AZ 85605,318 W BUSINESS Loop
Bowie, AZ 85605,318 W BUSINESS Loop
46
$110,000
$118,000
6.8%
Est.Price: ?

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0.84 Acres Lot

318 W BUSINESS Loop Bowie, AZ 85605

Est. payment /mo
SOLD DATE : 08/28/2024

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Key Details

Sold Price $110,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Bowie

MLS Listing ID 6613573

Sold Date 08/28/24

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1950

Annual Tax Amount $892

Tax Year 2023

Lot Size 0.835 Acres

Acres 0.84

Lot Dimensions 140' x 260'

Property Description

This 11-unit motel is the perfect opportunity for a savvy investor or entrepreneur. Located in a high-traffic area with a huge need for Monthly Rentals in the agricultural sector. The motel has the potential to generate significant income once it has been renovated and reopened. Various room sizes and Configurations. Each unit has a 3/4 bath. Main 2 bedroom home/ office has Full bath w/ tub, kitchen and fireplace. Other features: communal laundry and kitchen space, Outdoor Fireplace & Ramada, Small Storage building in back, 7 RV spots (2 of which have sewer dumps). Two new septic tanks were installed in 2018 at a cost of $16,000. Could be Converted into / used as a Multi-Family Unit Complex. The previous owner was collecting $5,000 gross monthly before having to shut down. With a little TLC, this motel could be a gold mine.

Location

State AZ

County Cochise

Community Bowie

Zoning GB

Direction East on I-10, Take exit 362 toward Bowie, go over the overpass and then Straight on the Frontage Rd/ Business loop for 1.5 miles. At the corner of S Lincoln Ave. Sign on Property.

Interior

Heating See Remarks, 2 or More Units, Natural Gas

Cooling Wall/Window Unit(s)

Flooring Carpet, Vinyl, Concrete

Exterior

Garage Private Parking

Fence Chain Link

Waterfront No

Roof Type Tile

Parking Type Private Parking

Total Parking Spaces 8

Building

Sewer Septic Tank

Water City Franchise

Others

Senior Community No

Tax ID 302-14-069

Financing Cash

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Arizona Regional MLS (ARMLS)
Listed by Tierra Antigua Realty, LLC
Bought with Mesquite Ranch Realty Inc.

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Ephrem Jando

Agent

+1(480) 442-2390

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