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249 S OLD HIGHWAY 188, Tonto Basin, AZ 85553
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$550,000
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Home Details for 249 S OLD HIGHWAY 188 --
Price
$550,000
Type
Commercial/Industrial
Year Build
1986
Sq. Ft.
3666
Lot Size
1.02
County
Gila
Tax
$4,486
Listing #
6841457
On exitrealty.com
268 days
Listing Courtesy: Realty ONE Group - 480-321-8100
Property Description
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.
- Water Features
- Private
- Public
- Cooling Information
- Central Air
- Heating Information
- Propane
- Parking
- Private
Copyright ©2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Last Updated: 2025-11-04 17:30:24
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