8019 E MAIN Street Active Save Request In-Person Tour Request Virtual Tour
Mesa,AZ 85207
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
Year Built 1945
Annual Tax Amount $10,345
Tax Year 2023
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
Exterior
Garage Paved Parking,Add'l Parking Avail,1 Space/Unit
Community Features Manager Res/Office,No Pool
Roof Type Tile,Built-Up,Metal
Building
Sewer Septic in & Cnctd,Septic Tank
Water City Franchise
New Construction No
Schools
School District Mesa Unified District
Others
Acceptable Financing Conventional,1031 Exchange
Listing Terms Conventional,1031 Exchange