8933 Yell Ln Hereford, AZ 85615
- Motels
- 7,269 SF
- 5.58 lot acres
Current Use by Public Records
- Motels
Property Details for 8933 Yell Ln
- Year built
- 1996
- Construction
- STEEL FRAME
- Lot size
- 5.58 lot acres
- Property size
- 7,269 SF
- Property type
- Motels
- APN
- 104-42-009D
- APU
- 10442009D
Description
This exceptional 11-key motel, Casa de San Pedro, presents a lucrative investment opportunity in Hereford, Arizona. Boasting a 7.80% cap rate and 100% occupancy, this established property offers significant potential for growth. The 7,269 square foot motel sits on a spacious 10.08-acre lot, providing ample room for expansion. Built in 1996 with various renovations throughout its history, the single-story building is zoned for Cochise County and features a unique eco-friendly design. Solar panels significantly reduce energy costs, while a rainwater harvesting system (funded by a Cochise County grant) and an evaporative/transpiration septic system with its own well contribute to sustainable operations. The property's strong financial performance is reflected in its $177,544 net operating income (NOI) and a price per square foot of $398.53. The land itself offers a value of $1 per square foot. Located just 90 miles from Tucson International Airport, this turnkey operation has garnered significant media attention, including features in PBS documentaries, Arizona Highways, Fodor's, and Frommer's, attracting a loyal clientele. An on-site suite can serve as owner/manager housing, or an adjacent residential property is available for separate purchase. The asking price is $2,488,888. APN: 104-42-009D & E.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hereford
- County
- Cochise
- State
- Arizona
- Longitude
- -110.106
- Latitude
- 31.4086
- CBSA code
- 43420
- CBSA name
- SIERRA VISTA-DOUGLAS, AZ MICROPOLITAN STATISTICAL AREA
