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5540 N Sunland Gin Road, Casa Grande, AZ 85193

$5,800,000
Property Type: Comm/Industry Sale Square Footage: 49,683 Lot Size (sq. ft.): 170,320 Status: Active
Current Price: $5,800,000 List Date: 4/30/2024 Last Modified: 6/24/2024

Description

Prestigious investment opportunity in opportunity zone of Casa Grand! Conveniently located just a few minutes away from restaurants and easy access to I-10. Spacious parking lot, mountain views, pole sign, and palm trees galore. Remodel and maintain as a hotel or convert to assisted living facility or nursing home. This two-story 49,682 SF property has 58 single units and 46 double units for 104 total units. Discover ample bedrooms with abundant natural light, fenced in pool in the courtyard, conference room, banquet hall, kitchen, restaurant, and manager suite. This property is comprised of 2 parcels and 3.91 acres on a private well. This beauty can be the new favorite destination of locals and travelers. Take advantage of this opportunity to own this property with endless potential.

More Information MLS# 6698582

Contract Info

Current Price: $5,800,000 List Price: $5,800,000 Status: Active List Date: 2024-04-30 Ownership: Fee Simple Subagents: N Buyer/Broker: Y Buyer Broker $/%: %

Location, Tax & Legal

House Number: 5540 Compass: N Street Name: Sunland Gin St Suffix: Road City/Town Code: Casa Grande State/Province: AZ Zip Code: 85193 Country: USA County Code: Pinal Legal Description (Abbrev): A 3.16 AC PCL IN SE CR OF NE1/4 OF SEC 13-7S-6E Subdivision: S13 T7S R6E Assessor's Map #: 33 Assessor's Parcel #: 8 Assessor Parcel Ltr: E Add'l Parcels: No Assessor Number: 511-33-008-E Census Tract: 1900 Legal: A 3.16 AC PCL IN SE CR OF NE1/4 OF SEC 13-7S-6E & N-100' OF S-500' OF E-375' OF SE NE OF SEC 13-7S-6 Tax Municipality: Eloy Taxes: 17993 Tax Year: 2023

General Property Description

Type of Property: Hotel Ttl Apx SqFt Bldg: 49683 # of Buildings: 1 Year Built: 1974 Uncvrd Parking Spcs: 135 Zoning: CB-2 Flood Zone: No

Remarks & Misc

Cross Street: I-10 & Sunland Gin Rd Directions: From I-10, head north on Sunland Gin Rd. Property will be on the left side of the road. Geo Lat: 32.814574 Geo Lon: -111.671588

Status Change Info

Status Change Date: 2024-04-30

Legal Info

Township: 07S Range: 06E Section: 13

Income & Expenses

Owner Association: No Operating Exp: 17993

Pmt & Rate Info

Equity: 5800000

Showing Notification Methods

Showing Service: Aligned Showings

Property Features

Building Type: Commercial Current Use: Other Stories: 2 Stories Construction: Stucco; Frame - Wood Roofing: Rolled Floors: Concrete; Ceramic Tile; Carpet Ceiling Height: 14.1 Feet to 16 Feet Heating: Natural Gas Cooling: Central A/C; Window/Wall Unit Loading Facilities: Grade Level; Drive-in Door(s) Interior: Finished; Unfinished; Fire Sprinklers; Smoke Detector(s); Security Camera(s); Alarm System; Phone System; Private Restrooms; Public Restrooms Exterior: Dual Street Ftg; Landscaping; Pole Sign; Monument Sign; Security Camera(s) Fencing: None Amenities: Conference Room; Reception Room; Cafeteria; Kitchen Parking: Free; Paved Parking Electric: City Electric Gas: SW Gas Water: Domestic Well Sewer: Sewer - Public Freeway/Highway: Up to 1 Mile Railroad: Railroad 1 - 5 Miles New Financing: Cash Only Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Special: Enterprise Zone Source of Fincl Data: Provided by Owner; Projected Proforma Existing 1st Loan: Treat as Free&Clear Existing 1st Ln Type: Not Applicable Existing 1st Ln Trms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Ln Type: Not Applicable Existing 2nd Ln Trms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Ln Type: Not Applicable Existing 3rd Ln Trms: Not Applicable Roads/Streets: Asphalt Traffic Count: 15,001 to 25,000 Reports/Disclosures: Seller Prop Disc Stm; Appraisal; Well Disclosure Environmental: None
Listing Office: Realty ONE Group
Last Updated: June - 24 - 2024
5540 N Sunland Gin Road, Casa Grande, AZ 85193- MLS# 6698582
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