Price Reduction
Address
7635 Riverside Avenue, Holbrook, AZ
Price
$ 350,000
Property Attributes
  • MLS#6632651
  • TypeMulti-Family
  • CountyYAVAPAI
  • CityHolbrook
  • Zip86025
  • StyleMultiple Dwellings
  • Year Built1964
  • Taxes$ 681
  • Price$ 350,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

Unlock the Potential of a Historic Gem! Presenting the Painted Desert Motel, nestled off the iconic Historic Route 66. This vintage marvel is primed for a spectacular rebirth with a full remodel. Thousands of travelers and truckers pass by the highly visible Painted Desert Motel daily. Once resurrected and fully operational this motel would be the closet motel to the Petrified Forest National Park. Steeped in the rich history, the original bricks stand testament to its enduring quality. Beyond its weathered facade lies the promise of a spectacular transformation. Imagine the fusion of heritage and modernity, an enchanting blend that this property eagerly awaits. The 14 room Painted Desert Motel beckons visionaries and investors seeking to revive a piece of American history.

Price History
11/20/2023 Listed $550,000
12/28/2023 19% - $450,000
2/6/2024 23% - $350,000

General Features

Sewer Septic in & Cnctd
Roof Composition
Zoning C-R
Construction Materials Painted,Brick
Year Built 1964
Electric Individual Meter
Tenant Pays See Remarks
Township 105
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 537600.0
Community Features See Remarks,No Pool
County Yavapai
Net Operating Income 0.0
Operating Expense 681.0
Property Type Multiple Dwellings
Garage Y/N No
Status Active
Directions Directly off of Route 66. Take exit 294 to Sun Valley road and head south. Take first left onto Riverside ave and hotel is slightly down the road and the parking lot will be on your right.
City Holbrook
Buyer Agent Compensation 3.00
Disclosures Other (See Remarks)
View Y/N No
High School District Holbrook Unified District
Open Parking Spaces 18.0
Total Units 14
Lot Size Square Feet 0.0
Carport Y/N No
Street Name Riverside
Tax Annual Amount 681.0
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 92
Standard Status Active
Occupancy Description Vacant
Elementary School District Holbrook Unified District
Tax Lot 014
MobileHomeRemainsYN No
Buyer Agent Compensation Type %
Ownership Fee Simple
Senior Community None

Interior Features

Flooring Concrete
Air Conditioning Y/N No
Heating Y/N No
Street Suffix Avenue
Electric On Property Y/N No

Exterior Features

Parking Features Other (See Remarks)
Water Source City Franchise
Total Parking 18.0
Lot Size Area 0.0
Number of Buildings 2
Spa No
Lot Dimensions 46,307
Lot Size Acres 0.0
Road Surface Type Gravel
Covered Spaces 0.0
Crops Included Y/N No
Open Parking Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 86025

Price
AVG $350K
$350K
Taxes
AVG $681
$681
Visits
AVG 817
816
Data Provided by Inside Real Estate®
Year Built
AVG 1964
1964