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Extended-Stay Hotel with 26 Units
For Sale
$1,150,000

524 Haul Rd, Page, AZ 86040

COMMERCIAL - Page, AZ

Property Size7,840 SF
Lot Size0.87 Acres
Price / SF$146.68
Days on Market756

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 13, Bedroom 6, Bedroom 8, Bathroom 16, Bedroom 3, Bathroom 1, Bathroom 4, Bathroom 6, Bathroom 15, Bathroom 25, Bedroom 1, Bedroom 10, Bathroom 26, Bedroom 26, Bathroom 20, Bedroom 5, Bedroom 19, Bedroom 16, Bathroom 3, Bedroom 23, Bathroom 2, Bedroom 11, Bedroom 24, Bedroom 9, Bedroom 13, Bathroom 14, Bathroom 8, Bedroom 17, Bathroom 12, Bathroom 22, Bathroom 19, Bedroom 4, Bathroom 18, Bathroom 9, Bathroom 10, Bedroom 20, Bathroom 24, Bedroom 22, Bedroom 2, Bedroom 14, Bathroom 23, Bathroom 5, Bedroom 15, Bedroom 25, Bedroom 12, Bathroom 17, Bathroom 11, Bathroom 21, Bedroom 7, Bedroom 18, Bathroom 7, Bedroom 21
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 and dryer
coin-operated soda machine
comprehensive camera system
internet service
Direct TV wiring
storage container
dumpster service

Building Details

Year built 1988
Roof type Asphalt
Architectural style Other
Listing Agency: Trophy Real Estate, AZ
Listed By: Brett Barsness · License #BR671726000
Added: Jul 22, 2024 Changed: Aug 4 Last Checked: Aug 16 at 12:06PM
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.

Lake Powell Lodging is an extended-stay lodging facility operating under In-Keeper Law, structured as two separate buildings with 13 units each (26 total). Each unit measures 12 ft by 13 ft and includes a wall-mounted A/C unit, microwave, mini-fridge, TV, dresser, chair, table, and a full or queen bed. The property includes a coin-operated washer, coin-operated dryer, and a soda machine for on-site convenience.

The facility is designed around essential shared infrastructure, including a 55-gallon electric water heater shared between every two rooms. Security features include a comprehensive camera system, and internet service is provided by South Central Communications. The property is wired for Direct TV. A Conex container in the NW corner provides on-site storage, and a dumpster serviced weekly is located in the NE corner of the property.

Built in 1988 and situated on 0.87 acres, the property totals 7,840 square feet. Accessibility features include an accessible approach with a ramp, and the interior includes ceiling fans, skylights, and window coverings, with carpeting, laminate, and linoleum flooring throughout.

Key Highlights

  • Two‑building extended‑stay lodging with 26 total units (13 units per building)
  • 80% to 98% occupancy rate reported for the lodging facility
  • Each unit includes wall A/C, microwave, mini‑fridge, TV, and a full or queen bed

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 (±1% cap)
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 (±1% cap)
NOI $151,722 @ 7.0% cap · market cap 13.19%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Hotels

Lease Details

98%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

129
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Two-building extended-stay hotel with in-room wall A/C, microwaves, mini-fridges, and security systems, plus coin-operated laundry.
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: Two‑building extended‑stay lodging with 26 total units (13 units per building); 80% to 98% occupancy rate reported for the lodging facility; Each unit includes wall A/C, microwave, mini‑fridge, TV, and a full or queen bed
More about this property
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