2561 N Ajo Gila Bend Highway, Ajo, AZ 85321 (MLS# 22309392)

2561 N Ajo Gila Bend Highway, Ajo, AZ 85321

$2,400,000

Property Type: Commercial Square Footage: 5,938 Lot Size (sq. ft.): 17 Status: Closed

Current Price: $2,400,000 List Date: 4/29/2023 Last Modified: 12/22/2024

Overview

Description

La Siesta Motel & RV Resort in Ajo, AZ. 44 units & 7 rv spaces. 100% occupancy since 2019. 7 rv spaces for additional revenue. 2022 Revenue was $1,629,123. 3 Unit Types: 19 Small Cabins (200 SF), 14 Super Cabins (325-395 SF), & 11 Rooms (330 SF). Each unit is equipped w/ small kitchenettes, fridge, microwave, wifi, AC, coffee maker, & 65 inch TV. 3.17 acre lot w/ heated & cooled pool/spa, basketball/tennis court, 25 barbecues, 7 gazebos, picnic tables, lush mature landscaping, 3BD/2BA mngr house & a 2 BD/2BA apt/office. 7 rv spaces include full hookups. Located in the historic town of Ajo, Arizona, known for its beautiful desert landscapes & rich mining history. Conveniently situated near Ajo Historical Museum, Cabeza Prieta National Wildlife Refuge, & Organ Pipe Cactus National Monument.

Supplements: La Siesta Motel & RV Resort is located in the historic town of Ajo, Arizona, known for its beautiful desert landscapes & rich mining history. The property is conveniently situated near many local attractions, including the Ajo Historical Museum, the Cabeza Prieta National Wildlife Refuge, & the Organ Pipe Cactus National Monument.

Listing Details MLS# 22309392

Address Information

Street #: 2561
Direction: N
Street Name: Ajo Gila Bend
Suffix: Highway
State/Province: AZ
Zip Code: 85321
County: Pima
Country: USA

Location, Tax & Legal

Tax Code: 401-06-023A
Area: Pima Far West
Tax Year: 2022
Taxes: 2709.81
Assessments: 0
Legal Description: Lot 3 & Ptn Aband Rd Exc Rds 3.17 Ac Sec 10-12-6W
Development Name: La Siesta Motel
Municipality/Zoning: Pima County - TH
Fire Protection: Subscription
FEMA Flood Zone: No
Municipal Flood Zone: No

General Property Information

Property Sub-Type: Hotel/Motel
Construction Status: Existing
# Units: 34
Total Parking: 35
Year Built: 1975
Lot Dimensions: Irregular
Lot Acres: 3.17
Lot Sqft: 138085
Lot Size Source: Assessor
Combined SqFt: 5938
Source of SqFt: Assessor
Leasable SqFt: 5938
List Price/SqFt: 404.18
Lot Size Price/SqFt: 17.38

Property Features

Property Features: Furnished; Smoke Detector; Storage Construction: Wood Frame Roof: Metal Fenced Storage: Yes Main Cooling: Wall Unit(s) Main Heating: Natural Gas Water Heater: Natural Gas Gas: Natural Sewer: Septic Security: Alarm Installed; Closed Circuit Camera(s) Fence: Chain Link Landscape - Front: Decorative Gravel; Low Care; Natural Desert; Trees Landscape - Rear: Decorative Gravel; Low Care; Natural Desert; Trees Road Type: Dirt; Paved Parking: Private Parking Lot Features: East/West Exposure; North/South Exposure Terms: Cash; Conventional; Submit Possession: Negotiable Submit With Offer: Digital Signature Accepted; Loan Pre-Qualifiaction; Proof of Funds Property Disclosures: Lead Based Paint; Unknown Special Conditions: None

Contract Information

Method of Title: Fee (Simple)
Short Sale: No

Status Change Info

Off Market Date: 2023-05-16
Pending Date: 2023-06-19
Sold Date: 2023-06-29
Sold Price/SqFt: 404.18
Lot Sz Sold Prc/SqFt: 17.38
Financing: Cash

More Information

Showing Information

Directions: N on Ajo Gila Bnd, W Snyder Rd and property will be on the left.

Income

Net Opp Income: 1629123
Vacancy Loss: 0

Analysis

Vacancy Rate %: 2

Expenses

Figures Presented: Proforma
Gas/Electric: 19600
Taxes/Assessments: 5604.26
Water/Sewer: 5000

Unit Information

Hotel/Motel: Economy/Limited

Apartment Unit Information

# of Units/2 BR: Yes
# of Units/3 BR: Yes
# of Units/Other: 44

Electric

Electric Company: Arizona Public Servi

Water

Water Company: Arizona Water Compan

Gas

Natural: Yes

Construction

Wood Frame: Yes

Sewer

Septic: Yes

Roof

Metal: Yes

Property Features

Furnished: Yes
Smoke Detector: Yes
Storage: Yes

Fence

Chain Link: Yes

Road Type

Dirt: Yes
Paved: Yes

Fenced Storage

Yes: Yes

Lot Features

East/West Exposure: Yes
North/South Exposure: Yes

Main Cooling

Wall Unit(s): Yes

Main Heating

Natural Gas: Yes

Water Heater

Natural Gas: Yes

Terms

Cash: Yes
Conventional: Yes
Submit: Yes

Submit With Offer

Digital Signature Accepted: Yes
Loan Pre-Qualifiaction: Yes
Proof of Funds: Yes

Security

Alarm Installed: Yes
Closed Circuit Camera(s): Yes

Sold Info

Seller Concessions: 0

Landscape - Front

Decorative Gravel: Yes
Low Care: Yes
Natural Desert: Yes
Trees: Yes

Landscape - Rear

Decorative Gravel: Yes
Low Care: Yes
Natural Desert: Yes
Trees: Yes

Parking

Private Parking: Yes

Freeway/Highway

Access: Yes

Possession

Negotiable: Yes

Property Disclosures

Lead Based Paint: Yes
Unknown: Yes

Special Conditions

None: Yes

Documents

Lead Paint Discl ›

Listing Office: Long Realty

Last Updated: December - 22 - 2024

Broker Attribution: 520-444-4411

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively 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. Listings provided by brokerages other than the listing brokerage here are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved.