Description
Executive Summary
Lake Powell Lodging – Incredible Income Opportunity
Lake Powell Lodging is an extended-stay business model offering unparalleled investment potential. The property features two separate buildings, each comprising thirteen units measuring 12ft by 13ft, for a total of 26 individual units. Each unit is equipped with a wall-mounted A/C unit, microwave, mini-fridge, TV, dresser, chair, table, and a full or queen bed. This is NOT an apartment complex but an extended-stay lodging facility operating under In-Keeper Law. Please inquire for more details regarding income, operations, etc. The property boasts an impressive occupancy rate ranging from 80% to 98%, ensuring a steady and reliable income stream.
Each building is well-appointed with essential amenities, including a coin-operated washer, dryer, and soda machine. A 55-gallon water heater is shared between every two rooms. Security is a priority with a comprehensive camera system in place, while South Central Communications provides reliable internet service, and the property is wired for Direct TV. The property also includes a Conex container in the NW corner, offering ample storage space. A dumpster, serviced weekly, is located in the NE corner of the property as well.
Investment Highlights
- Established extended-stay lodging operation
- 26 individual lodging units
- Two separate buildings with 13 units each
- Strong occupancy history ranging from 80% to 98%
- Income-producing hospitality property
- Coin-operated laundry facilities
- Security camera system installed
- Internet and Direct TV infrastructure in place
- Conex storage container included
- Business district location
Property Facts
| Price | $1,150,000 |
| MLS Number | 1606158 |
| Property Type | Commercial |
| Property Use | Hospitality / Motel / Extended Stay Lodging |
| Building Size | 7,840 SF |
| Lot Size | 0.87 AC |
| Year Built | 1988 |
| Units | 26 |
| Bathrooms | 26 |
| Parcel Number | 802-09-004 |
| Annual Taxes | $5,453 |
| HOA | No |
| Legal Access | Yes |
Location
| Address | 524 Haul Road |
| City | Page, AZ 86040 |
| Subdivision | Haul Road |
Interior Features
- Alarm/Security System
- Ceiling Fans
- Electric Cooling
- Wall Unit Cooling
- Wall Unit Heating
- Carpet Flooring
- Laminate Flooring
- Linoleum Flooring
- Skylights
- Window Coverings
Exterior Features
- Construction Complete
- Stucco Construction
- Curb & Gutter
- Partial Fencing
- Crawl Space Foundation
- Permanently Attached Foundation
- Outdoor Lighting
- Asphalt Roof
- Sidewalks
- Storage Shed
- Valley Views
Unit Amenities
- Microwave
- Mini Refrigerator
- Television
- Dresser
- Chair and Table
- Full or Queen Bed
Appliances
- Microwave
- Refrigerator
- Washer & Dryer Hookups
- Washer & Dryer
Utilities
- Garbage Collection
- Satellite/Wireless Internet
- Cell Service Available
- City/Municipal Power
- Satellite Dish
- City Sewer Hookup
- Electric Water Heater
- City/Municipal Water
- Potable Drinking Water
- Natural Gas Not Available
Listing Agents
Brett Barsness
Trophy Real Estate, AZ
(928) 612-2276
Brian Barsness
Trophy Real Estate, AZ
(928) 612-2276
