Pinetop Vista Cabins | 2391 Penrod
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Pinetop Vista Cabins 2391 Penrod
6 Room Hotel Pinetop, AZ 85935 $1,525,000 ($254,167/Room)
Investment Highlights
- 6-Unit (5-Cabin) Vacation Rental Property in Beautiful Pinetop, Arizona
- Potential to Build an Additional Cabin / Single Family Home on the Adjacent Vacant Lot (Lot Split in Process)
- Property Currently Has Onsite Cleaning Staff / Manager Allowing for Minimal Owner Involvement
- Well Maintained With Many Upgrades in Recent Years (i.e. Plumbing, Heating, Electrical, & More)
- Situated on a Beautiful 3+ Acre Hillside Lot Near the Center of Pinetop-Lakeside, & a Short Drive to Show Low, Greer, & Sunrise Ski Resort
- Multiple In-Place Online Booking Sources (Airbnb, Vrbo Etc.) as Well as Property Specific Website for Direct Booking - https://www.pinetopvistacabins.
Executive Summary
ABI Multifamily is pleased to announce the exclusive availability of Pinetop Vista Cabins, located at 2391 South Penrod Lane in Pinetop,
Arizona. Pinetop Vista Cabins offers a seldom seen opportunity to own (5) cabins that feature (6) total units on a 3+ acre hillside lot just outside the center of Pinetop-Lakeside. The property is currently operating as a short-term / vacation rental, with an on-site manager that is happy to stay with a change of ownership, allowing the purchaser a smooth transition to continue operations as-is. Additionally, one could live in one cabin while supplementing cashflow and managing the others. Access is a breeze, being just a half mile from Highway 260 and walking distance to the iconic Charlie Clark’s Steakhouse along with other boutique eateries, coffee shops, and more…all just a stone’s throw away.
There should be no shortage of guests being in an ideal location for vacationers that are looking to enjoy the crisp air, star-filled sky, miles
of trails through the Ponderosa Pine Forests, and over 200 streams and lakes. Pinetop Vista Cabins being situated on 3+ acres allows for
the quiet weekend getaway or plenty of space and lodging for a large family retreat. There’s no lack of opportunity from skiing to fishing to hiking with many other options in between.
Pinetop Vista Cabins includes (5) stand-alone cabins and (6) total units. The units range in size from 500 - 750 square feet with an
average of 650 square feet. There are (4) 2-bed / 1-bath cabins, (1) 2-bed / 2-bath cabin, and (1) 1-bed / 1-bath cabin. Each cabin features unique configurations and layouts with some having wraparound decks, others large patios to enjoy, and one even features its own private hot tub! The investor that acquires Pinetop Vista Cabins will be pleased to know that over 50% of the reservations come through the owner’s website, pinetopvistacabins.com. Through August 20th the gross rents totaled $127,971 (49.5% through AirBnB, 50.5%
through PVC website). The investor can choose to update the structures or preserve the rustic charm. This is a perfect investment property for someone looking for traditional cash flow or for something they can generate income as well as something the investor can use themselves!
Arizona. Pinetop Vista Cabins offers a seldom seen opportunity to own (5) cabins that feature (6) total units on a 3+ acre hillside lot just outside the center of Pinetop-Lakeside. The property is currently operating as a short-term / vacation rental, with an on-site manager that is happy to stay with a change of ownership, allowing the purchaser a smooth transition to continue operations as-is. Additionally, one could live in one cabin while supplementing cashflow and managing the others. Access is a breeze, being just a half mile from Highway 260 and walking distance to the iconic Charlie Clark’s Steakhouse along with other boutique eateries, coffee shops, and more…all just a stone’s throw away.
There should be no shortage of guests being in an ideal location for vacationers that are looking to enjoy the crisp air, star-filled sky, miles
of trails through the Ponderosa Pine Forests, and over 200 streams and lakes. Pinetop Vista Cabins being situated on 3+ acres allows for
the quiet weekend getaway or plenty of space and lodging for a large family retreat. There’s no lack of opportunity from skiing to fishing to hiking with many other options in between.
Pinetop Vista Cabins includes (5) stand-alone cabins and (6) total units. The units range in size from 500 - 750 square feet with an
average of 650 square feet. There are (4) 2-bed / 1-bath cabins, (1) 2-bed / 2-bath cabin, and (1) 1-bed / 1-bath cabin. Each cabin features unique configurations and layouts with some having wraparound decks, others large patios to enjoy, and one even features its own private hot tub! The investor that acquires Pinetop Vista Cabins will be pleased to know that over 50% of the reservations come through the owner’s website, pinetopvistacabins.com. Through August 20th the gross rents totaled $127,971 (49.5% through AirBnB, 50.5%
through PVC website). The investor can choose to update the structures or preserve the rustic charm. This is a perfect investment property for someone looking for traditional cash flow or for something they can generate income as well as something the investor can use themselves!
Property Facts
| Price | $1,525,000 | Lot Size | 3.01 AC |
| Price Per Room | $254,167 | Building Size | 3,642 SF |
| Sale Type | Investment | No. Rooms | 6 |
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built/Renovated | 1977/2020 |
| Building Class | C | Corridor | Exterior |
| Price | $1,525,000 |
| Price Per Room | $254,167 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.01 AC |
| Building Size | 3,642 SF |
| No. Rooms | 6 |
| No. Stories | 1 |
| Year Built/Renovated | 1977/2020 |
| Corridor | Exterior |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 6 | $310.00 | - |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $47,646 | |
| Land Assessment | $27,086 | Total Assessment | $74,732 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$27,086
Improvements Assessment
$47,646
Total Assessment
$74,732
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John Klocek -
Carson Griesemer -
ABI Multifamily
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