249 S Old Highway 188 --, Tonto Basin, AZ 85553
- $460,000
- 5,668
- SqFt
- Sold Price
- $460,000
- List Price
- $480,000
- Closing Date
- Sep 17, 2026
- Days on Market
- 129
- Status
- CLOSED
- MLS#
- 7001845
- City
- Tonto Basin
- Living SQFT
- 5,668
- Lot Size
- 44,218
- Year Built
- 1986
Property Description
Pumpkin Center Lodge - Tonto Basin's only lodging property. Exceptional investment opportunity with 10.96% cap rate on $60,256.64 NOI. Property sits on over 1 acre directly adjacent to the historic Pumpkin Center Bar (100+ year community landmark, also for sale by same owners). 13 total units in 2 buildings: single-story building with 5 units at approximately 335 sq ft each, and larger building with 8 efficiency suites at approximately 505 sq ft each featuring kitchenettes and refrigerators. All units have brand new air conditioning. On-site property manager included. Strong upside potential - property has never been marketed on Airbnb or VRBO. Opportunity to significantly increase short-term rental income or convert units to long-term leases. Beloved by local anglers and outdoor enthusiasts. Ample parking for cars, boats, and RVs. Back patio with barbecues. Turnkey operation in prime Tonto Basin location near Roosevelt Lake with year-round demand and no competing lodging nearby.
Additional Information
- Acres
- 1.02
- Construction
- Block, Wood Frame, Stucco
- Cooling
- Office Evap
- Electric
- APS
- Fencing
- None
- Flooring
- Other
- Heating
- Propane
- Living Area
- 5,668
- Lot Size
- 44,218
- Parking Features
- Private
- Roofing
- Composition
- Sewer
- Septic Tank
- Taxes
- $4,470
- Tax Year
- 2025
- Water
- Private, Community Franchise
- Zoning
- Mixed Use Com
Courtesy of Realty ONE Group. 480-321-8100 Selling Office: Realty ONE Group.
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