909 Andy Devine Ave Kingman, AZ 86401
- Motels
- 15,699 SF
- 0.95 lot acres
Current Use by Public Records
- Arcadia Lodge / Hotel / Motel
- Sarahmae1623 / Shopping Mall
Property Details for 909 Andy Devine Ave
- Year built
- 1982
- Construction
- CONCRETE
- Lot size
- 0.95 lot acres
- Property size
- 15,699 SF
- Property type
- Motels
- APN
- 303-12-078
- APU
- 30312078
Description
This exceptional mixed-use property, situated on nearly one acre in the heart of historic downtown Kingman, Arizona, presents a unique investment opportunity along the iconic Route 66. The 46-unit motel, boasting a blend of studio, one-bedroom, and two-bedroom configurations, offers significant potential for revitalization. Currently generating income through weekly and monthly rentals, the property comprises forty studio apartments, five one-bedroom/one-bathroom units, and one two-bedroom/two-bathroom unit. While some units have undergone minor renovations, others require substantial work, presenting a flexible canvas for a variety of redevelopment strategies. The property's prime location near local shops, restaurants, and attractions makes it ideally positioned to capitalize on Kingman's thriving tourism sector. This is a rare chance to acquire a piece of Route 66 history and create a thriving business in a vibrant and growing community. The property's size and existing infrastructure provide a solid foundation for a successful renovation or repurposing project. Investors seeking a value-add opportunity with significant upside potential will find this property particularly attractive. The existing rental income stream provides immediate cash flow while allowing for phased renovations and strategic improvements.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kingman
- County
- Mohave
- State
- Arizona
- Longitude
- -114.043
- Latitude
- 35.1869
- CBSA code
- 29420
- CBSA name
- LAKE HAVASU CITY-KINGMAN, AZ MICROPOLITAN STATISTICAL AREA
