Address
8019 E MAIN Street, Mesa, AZ
Price
$ 3,950,000
Property Attributes
  • MLS#6658864
  • TypeMulti-Family
  • CountyMARICOPA
  • CityMesa
  • NeighborhoodDESERT SAGE TR BLKS 5 - 6 - 7
  • Zip85207
  • StyleMultiple Dwellings
  • Year Built1945
  • Taxes$ 10345
  • Price$ 3,950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Arizona Regional MLS (ARMLSN)
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.

Price History
2/2/2024 Listed $3,950,000

General Features

Additional Parcels Y/N Yes
Attached Garage No
Carport Y/N No
City Mesa
Community Features Manager Res/Office, No Pool
Construction Materials Stucco, Block
Cooling Central A/C, Individual, Electric, Ceiling Fan(s)
County Maricopa
Current Financing Not Applicable
Days on Market 77
Disclosures Seller Prop Disc Stm
Electric SRP
Elementary School District Mesa Unified District
Garage Y/N No
Gross Income 0.0
Heating Individual, Central, Electric
High School District Mesa Unified District
Lease Considered Y/N No
Lease Renewal Y/N No
Lot Size Square Feet 0.0
Mobilehomeremainsyn No
Net Operating Income 0.0
New_sp_Financing_co_Conventional5 True
Open Parking Spaces 24.0
Operating Expense 10345.0
Ownerpays Gas, Electricity, Trash Collection, Water, Sewer, Cable TV, Landscaping
Ownership Fee Simple
Percent Ownership Fee Simple
Property Type Multiple Dwellings
Rent Control Y/N No
Roof Tile, Built-Up, Metal
Senior Community No
Sewer Septic in & Cnctd, Septic Tank
Standard Status Active
Status Active
Street Name MAIN
Subdivision Name DESERT SAGE TR BLKS 5, 6, 7
Tax Annual Amount 10345.0
Tax Lot 7, 8, 9, 10
Tax Year 2023
Tenant Pays None
Total Units 24
Township 1N
View Y/N No
Year Built 1945
Zoning C-3, R-3

Interior Features

Air Conditioning Y/N Yes
Electric On Property Y/N No
Flooring Ceramic Tile
Heating Y/N Yes
Street Suffix Street

Exterior Features

@odata.id https://replication.sparkapi.com/Version/2/Reso/OData/Property('20240129180414530227000000')
Covered Spaces 0.0
Crops Included Y/N No
Irrigation Water Rights Y/N No
Lot Dimensions 36, 000
Lot Size Acres 0.0
Lot Size Area 0.0
Number of Buildings 3
Open Parking Y/N No
Parking Features Paved Parking, Add'l Parking Avail, 1 Space/Unit
Road Surface Type Asphalt
Spa No
Total Parking 24.0
Water Source City Franchise

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 85207

Price
AVG $3.95M
$3.95M
Taxes
AVG $10,345
$10,345
Visits
AVG 143
147
Data Provided by Inside Real Estate®
Year Built
AVG 1945
1945

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.