8 County Road 1120 St., Greer, AZ 85927
Photo 1 of 1
$3,125,000
Sold on 5/14/21
Beds Baths Sq. Ft. Taxes Built
18 17.00 13,676 $12,463 1994
On the market: 350 days
View full details, 15 photos, school info, and price history
The Little Colorado River runs through this special property. The property is operated as a venue & nightly rental. This listing is for the entire 4 acres of the property, Sale includes a 9 bedroom, 9.5 bath Lodge; a 2 bedroom, 2 bath cabin with an approximate 400 sq ft deck (above a storage room for venue chairs & tables); 2 outdoor (1 wheelchair friendly) bathrooms, a 5 bedroom/3 bath cabin, 2 one bedroom+ loft cabins & enough land to build another cabin (assuming required permits from the county). The cabins are built with large natural logs, have fireplaces, and large outdoor decks overlooking the river & the property. The grounds have a fire pits & horseshoe pits & 2 bridges This property is special! Originally a world renowned bed and breakfast, the property is now a wedding venue, reunion spot, business, church and organizational retreat and a nightly rental. Some financial information is available to qualified buyers, who sign the confidentiality agreement. Extensive remodeling has been done since purchased in 2013. Opportunities for Buyer to Consider: 1 - continue to operate as is with a property manager; 2 an Owner/Operator has potential to improve cash flow (versus having a property manager); 3 - return the Lodge to a bed and breakfast with likely increased occupancy and cash flow; 4 - expand capacity by building another cabin on the North end of property. Buyer must honor 2021 rental commitments in place as of the date of closing.
Listing courtesy of Dana M. Hubbell Peru, Dana Hubbell Group