593 White Mtn Blvd, Pinetop, AZ 85935
- Motels
- 1,232 SF
- 0.56 lot acres
Current Use by Public Records
- The Pinetop Lodge Motel / Hotel & Motel
Property Details for 593 White Mtn Blvd
- Year built
- 1963
- Construction
- STEEL FRAME
- Lot size
- 0.56 lot acres
- Zone code
- MUNICIPAL
- Property type
- Motels
- APN
- 311-28-038A
- APU
- 31128038A
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 8, 2023 | — | White Mountain Rei LLC | — | Deed · related | $120k · Home Team Investors LLC |
| Sep 1, 2020 | $435,000 | White Mountain Rei LLC | Emi I LLC | Grant Deed | $392k · Rld Management LLC |
| Feb 24, 2017 | — | Emilia Banuelos | — | Deed · related | $530k · Private Individual |
| Oct 25, 2016 | — | Emilia Banuelos | — | Deed · related | $530k · Private Individual |
| Sep 23, 2010 | — | Emi I LLC | Banuelos,emilia C | Grant Deed | — |
| Apr 17, 1998 | $260,000 | Emilia C Banuelos | American Savings Life Insuranc | Grant Deed | $200k · American Savings Life Ins |
| — | — | Emi I LLC | — | Deed Of Trust · related | $241k · Marini Trust |
| — | — | Emilia Banuelos | — | Deed Of Trust · related | $530k · Private Individual |
| — | — | Emilia Banuelos | — | Deed Of Trust · related | $530k · Private Individual |
| — | — | Emilia C Banuelos | — | Deed Of Trust · related | $250k · Sir Mortgage & Finance Arizona |
Description
This exceptional 14-unit property, located at 593 E White Mountain Boulevard in Pinetop, Arizona, presents a lucrative investment opportunity. Boasting 5,000 square feet on a 0.56-acre lot, this established lodge enjoys a prime location on White Mountain Boulevard, a key thoroughfare in this growing tourist destination. Currently 100% occupied, the property offers significant upside potential for long-term rental (LTR) or short-term rental (STR) strategies, though currently configured as LTR. Recent renovations totaling over $150,000 have significantly enhanced the property, including interior upgrades, two new commercial tankless water heaters (installed November 2022), a remodeled laundry room with new washers and dryers, new exterior doors with electronic key code locks, and a new security camera system. The roof was replaced in 2019. The property comprises 11 studio apartments, two one-bedroom, one-bathroom units, and one one-bedroom, one-bathroom house. Built in 1963, the property underwent substantial upgrades between 2021 and 2023. This versatile property is ideal for a variety of uses, including a boutique motel, short-term rentals, a group home, or assisted living facility. The property's strong occupancy rate and prime location in a thriving tourist area make it a compelling investment prospect. The asking price is $1,500,000.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Pinetop
- County
- Navajo
- State
- Arizona
- Longitude
- -109.948
- Latitude
- 34.1313
- CBSA code
- 43320
- CBSA name
- SHOW LOW, AZ MICROPOLITAN STATISTICAL AREA
