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Home > 101 W Phoenix Street, Payson, AZ 85541 (MLS# 6981184)

101 W Phoenix Street, Payson, AZ 85541

$2,800,000
Property Type: Comm/Industry Sale Square Footage: 14,892 Lot Size (sq. ft.): 68,825 Status: Active
Current Price: $2,800,000 List Date: 2/07/2026 Last Modified: 2/07/2026

Description

This 39 room motel is located at the entrance into the heart of Payson, Arizona's beautiful Rim Country. Refurbished and spacious rooms on this well cared for property with 1.58 acres of land. One bedroom apartment for owner/manager, positioned right on the Beeline Highway, the main thoroughfare through Payson. Ample parking and great potential for this fine property. All refurbished and remodeled inside and out is 2020-2021.

More Information MLS# 6981184

Contract Info

Ownership: Fee Simple Current Price: $2,800,000 List Price: $2,800,000 Status: Active List Date: 2026-02-06

Location, Tax & Legal

Assessor's Map #: 17 Assessor's Parcel #: 117 Assessor Parcel Ltr: A Add'l Parcels: No Tax Municipality: Payson Taxes: 16319 Legal: POR TRACTS 27 & 28, PINE RIDGE ADDITION REPLATTED, PLAT 80, COMM AT SW SOR TRACT 27; TH S89D50'E, 108.0'; TH NELY ALG R House Number: 101 Compass: W Street Name: Phoenix St Suffix: Street City/Town Code: Payson State/Province: AZ Zip Code: 85541 Country: US County Code: Gila Subdivision: Pine Ridge Addition Assessor Number: 304-17-117-A Tax Year: 2022

General Property Description

Type of Property: Hotel Ttl Apx SqFt Bldg: 14892 # of Buildings: 2 Uncvrd Parking Spcs: 42 Lot Size Dimensions: 310.08x288.3x224.12x399.83 Year Built: 1983 Zoning: r3

Currently Not Used

Sold Price Per SqFt: 188.02

Construction

Wood Frame: 1

Roofing

Composition: 1

Floors

Vinyl: 1 Ceramic Tile: 1 Carpet: 1

Income & Expenses

Annual Elec Exp: 18000 Annual Ins Exp: 8500 Annual Landscape Exp: 1400 Annual Legal & Acctg: 1800 Annual Maint Exp: 9000 Annual Mgmt Exp: 82500 Annual Trash Exp: 800 Annual Wtr/Swr Exp: 9900 Owner Association: No Annual Ownr Asoc Fee: 0 Annual Other Expense: 159600 Operating Exp: 307819 Other Income: 31000 Vacancy Allowance: 0.67 Adjusted Gross Inc: 479820

Building Type

Commercial: 1 Other (See Remarks): 1

Business Type

Other: 1

Pmt & Rate Info

Cap Rate: 6.14 Equity: 2800000 Total Owed: 0

Showing Notification Methods

Showing Service: Aligned Showings Phone Call: 1

Lockbox Type

None: 1

Ceiling Height

10.1 Feet to 12 Feet: 1

Heating

Electric: 1

Cooling

Window/Wall Unit: 1

Interior Features

Finished: 1 Smoke Detector(s): 1 Phone System: 1 Private Restrooms: 1

Loading Facilities

None: 1

Road Surface Type

Asphalt: 1

Exterior

Corner Lot: 1 Dual Street Ftg: 1 Landscaping: 1 Pole Sign: 1 Building Sign: 1 Security Light(s): 1

Source of Fincl Data

Accountant: 1

Fencing

None: 1

Water Source

City Franchise: 1

Freeway/Highway

Frontage: 1

Building Features

Reception Room: 1

Sewer

Sewer - Public: 1

Parking Features

Free: 1

Electric

APS: 1

Gas

None: 1

New Financing

Owner May Carry: 1

Existing 1st Loan

Private: 1

Existing 1st Loan Type

Fixed: 1

Existing 1st Loan Terms

Non Assumable: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Remarks Misc

Cross Street: Beeline Hwy & Phoenix Directions: SW Corner of Beeline Hwy and Phoenix Geo Lat: 34.22621 Geo Lon: -111.331221

Legal Info

Lot Number: long legal

Income Expenses

Gross Annual Sch Inc: 1423000 Net Operating Income: 172000

Property Features

Building Type: Commercial; Other (See Remarks) Business Type: Other Construction: Wood Frame Roofing: Composition Floors: Vinyl; Ceramic Tile; Carpet Ceiling Height: 10.1 Feet to 12 Feet Cooling: Window/Wall Unit Loading Facilities: None Interior Features: Finished; Smoke Detector(s); Phone System; Private Restrooms Exterior: Corner Lot; Dual Street Ftg; Landscaping; Pole Sign; Building Sign; Security Light(s) Fencing: None Building Features: Reception Room Parking Features: Free Electric: APS Gas: None Water Source: City Franchise Sewer: Sewer - Public New Financing: Owner May Carry Showing Notification Methods: Phone Call Lockbox Type: None Source of Fincl Data: Accountant Existing 1st Loan: Private Existing 1st Loan Type: Fixed Existing 1st Loan Terms: Non Assumable Road Surface Type: Asphalt Environmental: None
Listing Office: BHHS Advantage Realty - Payson
IDX
Last Updated: February - 07 - 2026
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