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Payson,UT 84651
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2081678
Year Built 1965
Annual Tax Amount $3,372
Lot Size 0.610 Acres
Property Sub-Type Hotel/Motel
Property Description
Motel conversion into apartments as well as a trailer park all in one! Nearly $20,000 in monthly rental income!!!! 10 unit Trailer park and 12 unit apartment complex, includes 7 mobile homes (all VIN numbers and records are ready to go to make the transition smooth) with room for 3 more! The listing comes with Tax ID 08-118-0003. Apartment complex is 12 studio apartments that was an old motel conversion. Coin operated laundry room that brings in additional income ($200-$300 per month). Basement office, storage, access to all plumbing from below. Great location! Great rental income! New asphalt throughout the community. Freshly painted motel and trailers to match. A number of units have been remodeled or are in the process of remodel. Over a half acre, right next to Little Caesars, Polar Queen Drive Inn, Payson High School and easy access to the freeway, grocery stores, and parks. DO NOT DISTURB TENANTS. This is a unique property with a solid investment history. Square footage figures are provided as a courtesy estimate only and were obtained from the Utah County Recorder. Buyer is advised to obtain an independent measurement.
Location
State UT
County Utah
Area Payson; Elk Rg; Salem; Wdhil
Zoning Multi-Family, Commercial
Interior
Heating Forced Air,Radiant
Cooling Evap. Cooler Multi-Vent,Evap. Cooler Roof
Flooring Carpet,Tile
Inclusions Real Estate
Exterior
Exterior Feature Paved Parking
Utilities Available Gas: Natural,Paid By Landlord,Separate Meter: Elec.
View Y/N No
Roof Type Asphalt,PVC
Building
New Construction No
Others
Acceptable Financing Cash,Commercial Fin. Req.,Exchange
Listing Terms Cash,Commercial Fin. Req.,Exchange