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249 S OLD HIGHWAY 188 -- Tonto Basin, AZ 85553
1.02 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6841457
Year Built 1986
Annual Tax Amount $4,486
Tax Year 2024
Lot Size 1.015 Acres
Acres 1.02
Source Arizona Regional Multiple Listing Service (ARMLS)
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.
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.
Location
State AZ
County Gila
Area Gila
Zoning Mixed Use Com
Interior
Heating Propane
Cooling Central Air, Office Evap
Flooring Other
Exterior
Parking Features Private
Fence None
Roof Type Composition
Private Pool No
Building
Dwelling Type Commercial
Sewer Septic Tank
Water Private, Community Franchise
New Construction No
Others
Senior Community No
Tax ID 201-07-004-D
Disclosures None
Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Listed by Realty ONE Group
