660 Haskell Ave Willcox, AZ 85643
- Motels
- 4,931 SF
- 2.17 lot acres
Current Use by Public Records
- Rose's Motel / Motel / Hotel
- 660 N Haskell Ave / Hotel
Property Details for 660 Haskell Ave
- Year built
- 1948
- Construction
- STEEL FRAME
- Lot size
- 2.17 lot acres
- Property size
- 4,931 SF
- Property type
- Motels
- APN
- 203-27-012
- APU
- 20327012
Description
Exceptional investment opportunity awaits with Rose's Motel, a charming 20-key hotel situated at 660 N Haskell Ave, Willcox, Arizona, 85643. This single-story, 4,931 square foot property sits on a generous 2.40-acre lot and was built in 1948. Currently operating as a motel, the property is zoned C, offering flexibility for various hospitality ventures. The asking price is $999,990, representing a compelling price per key of $50,000. Located in a thriving area of Willcox, the motel benefits from a growing population and promising nearby income demographics, suggesting strong potential for increased revenue. The property's vintage charm combined with its strategic location presents a unique opportunity for investors seeking a blend of historical significance and solid financial returns. This is a chance to acquire a piece of Willcox's heritage and capitalize on a burgeoning market. The property's 20 keys provide immediate income potential, while the spacious lot allows for potential expansion or redevelopment. Serious inquiries are encouraged to explore this exceptional investment opportunity further.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $305,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $240,000
- 6.5%
- $230,000
- 7%
- $210,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $235,000
- Geo Method
- $235,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $200,000
- Retail
- $170,000
- Mixed-Use
- $220,000
- Hospitality
- $180,000
- Educational
- $230,000
- Residential Income
- $210,000
- Energy
- $215,000
- Income-Based Land
- $185,000
- Food Service
- $175,000
Location Insight
- Map
- Local Demand
- City
- Willcox
- County
- Cochise
- State
- Arizona
- Longitude
- -109.828
- Latitude
- 32.2609
- CBSA code
- 43420
- CBSA name
- SIERRA VISTA-DOUGLAS, AZ MICROPOLITAN STATISTICAL AREA