Extended-Stay Hotel With 26
For Sale
$1,150,000
524 Haul Rd, Page, AZ 86040
Commercial Building, Commercial, Page, AZ
Property Size7,840 SF
Lot Size0.87 Acres
Price / SF$146.68
Days on Market778
Property Features for 524 Haul Rd
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Business, Commercial
Bedrooms
26
Bathrooms
26
Full bathrooms
26
Rooms
Bathroom 4, Bathroom 7, Bedroom 7, Bedroom 3, Bathroom 24, Bathroom 10, Bathroom 21, Bathroom 1, Bedroom 15, Bathroom 17, Bathroom 22, Bedroom 13, Bathroom 25, Bedroom 4, Bedroom 2, Bedroom 18, Bedroom 8, Bedroom 22, Bathroom 16, Bedroom 21, Bedroom 25, Bedroom 6, Bathroom 14, Bedroom 20, Bathroom 12, Bathroom 6, Bedroom 23, Bedroom 16, Bedroom 26, Bathroom 3, Bathroom 9, Bathroom 15, Bedroom 19, Bathroom 26, Bedroom 9, Bedroom 14, Bathroom 23, Bathroom 11, Bedroom 1, Bedroom 17, Bathroom 8, Bedroom 11, Bathroom 19, Bathroom 18, Bathroom 20, Bathroom 2, Bathroom 5, Bathroom 13, Bedroom 24, Bedroom 10, Bedroom 5, Bedroom 12
Security features
Security System
Interior features
Alarm/Security System, Ceiling Fans, Accessibility Features, Skylights, Window Coverings, Flooring- Carpet, Flooring- Laminate, Flooring- Linoleum
Accessibility
Accessible Approach with Ramp
Appliances
Microwave, Refrigerator, W/D Hookups, Washer & Dryer, Water Heater- Electric
Subdivision
HAUL RD
Lot features
Curb & Gutter, Fenced- Partial, Sidewalks, Storage Shed, View of Valley, Outdoor Lighting
Standard status
Active
APN
802-09-004
Size
7,840 SF
Lot size
0.87 Acres
Taxes and HOA fees
Tax Annual Amount
5453
Utilities
Heating system
Other (Heating)
Cooling system
Electric, Wall Unit(s)
Amenities
coin-operated washer
coin-operated dryer
soda machine
camera system
internet service
Direct TV wiring
Conex container
dumpster
Building Details
Year built
1988
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Trophy Real Estate, AZ
(928) 612-2276
Listed By:
Brett Barsness · License #BR671726000
(435) 682-4200
Added: Jul 22, 2024
Changed: Sep 6
Last Checked: Sep 7 at 4:06PM
MLS# 1606158
Copyright © 2026 Page Lake Powell MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 7,840-square-foot hotel property includes two separate buildings with 26 individual lodging units, arranged as thirteen rooms per building. The units measure 12 feet by 13 feet and include wall-mounted air conditioning, a microwave, mini-fridge, television, dresser, chair, table, and either a full or queen bed. Shared amenities include coin-operated laundry equipment and a soda machine, while a 55-gallon water heater serves every two rooms. The property also has a camera security system, electric wall-unit cooling, ceiling fans, skylights, window coverings, mixed flooring, and an accessible approach with ramp.
The 0.87-acre property is located at 524 Haul Rd in Page, Arizona, within Coconino County. It operates as an extended-stay lodging facility under In-Keeper Law rather than as an apartment complex. Additional site features include a Conex storage container, a weekly-serviced dumpster, South Central Communications internet service, and wiring for Direct TV. Built in 1988, the property carries Business, Commercial zoning.
The 0.87-acre property is located at 524 Haul Rd in Page, Arizona, within Coconino County. It operates as an extended-stay lodging facility under In-Keeper Law rather than as an apartment complex. Additional site features include a Conex storage container, a weekly-serviced dumpster, South Central Communications internet service, and wiring for Direct TV. Built in 1988, the property carries Business, Commercial zoning.
Key Highlights
- 26 lodging units across two separate buildings
- Each unit measures 12ft by 13ft and includes furnishings and guest appliances
- 7,840 square feet on a 0.87‑acre property
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$60,329
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.25%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,206,580
$1.2M
Cap Rate 7%
$861,843
$861.8K
Cap Rate 9%
$670,322
$670.3K
Market Conditions
NOI Build-Up for 7,840 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$141.1K $18.00/SF
− Vacancy
−$14.1K −$1.80/SF
EGI
$127.0K $16.20/SF
− OpEx
−$66.7K −$8.51/SF
NOI
$60.3K $7.69/SF
Area
Coconino County, AZ
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,206,580
Cap Rate 7%
$861,843
Cap Rate 9%
$670,322
Alternative Uses
Best Use
Hotel Hospitality
$861.8K
$754.1K – $1.01M
NOI $60,329 @ 7.0% cap · market cap 5.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.17M
$1.90M – $2.53M
NOI $151,722 @ 7.0% cap · market cap 13.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
98%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
180
Businesses Nearby
Explore this area
Business Placement
Demographics for 86040, AZ
10,179
Population
4,801
Households
2.1
Avg Household Size
34
Median Age
24%
College-Educated
90%
High-School Grad
887.9 sq mi
ZIP Area
11
Density / Sq Mi
$82,544
Median Household Income
$47,070
Median Earnings
$1,009
Median Rent
$124,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Two-building lodging property furnished for extended stays and equipped with guest laundry facilities.
Where is this hotel located?
The property is located at 524 Haul Rd Page, AZ.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 26 lodging units across two separate buildings; Each unit measures 12ft by 13ft and includes furnishings and guest appliances; 7,840 square feet on a 0.87‑acre property
