Property Overview
Price/Rent PSF Inquire
Asset Type Hospitality
Trade Type Sale
SQ. FT. Available 21,538
Date Available 10/12/2018
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Floors 2
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Description

Location
Pinetop-Lakeside is located in the scenic White Mountains of Arizona. Founded in the early 1880s by Mormon pioneers, Lakeside derived its name from the area's lakes, and Pinetop derived its name from the nickname of a saloon keeper who served the Fort Apache soldiers. The two communities incorporated as one town in 1984. Pinetop-Lakeside is known for its extensive tourism and recreational activities, proximity to the world's largest stand of ponderosa pine, and for an outstanding quality of life. Pinetop-Lakeside was voted "Best Cabin Region in the U.S." by Cabin Life Magazine in 2015. From Phoenix, U.S. 60 through the scenic Salt River Canyon or state Highway 260 through Payson will lead to Pinetop-Lakeside.

Pinetop-Lakeside offers many resources: fresh air, clean water, access to major metropolitan areas, and a well-planned rural business atmosphere. The economy is heavily oriented toward trade and services. Sunrise Ski Resort, on the White Mountain Apache Indian Reservation, attracts skiers worldwide; PinetopLakeside provides lodging, and local businesses benefit from this market. The town commerce park has all underground utilities, paved streets, and easy access for transportation needs.

Pinetop-Lakeside is surrounded by the beauty of the White Mountains, the Apache/Sitgreaves National Forest and the White Mountain Apache Indian Reservation. Hiking, biking and horseback riding are popular activities on the 200 miles of developed multi-use trails, which are part of the White Mountains Trail System. The American Hiking Association ranked the area third best Trail Town in 1996. Hunting and fishing are popular, and picnic and camping facilities are available. Pinetop-Lakeside is noted for its golf courses and Woodland Lake Park with its excellent recreational facilities. Cross-country skiing, sledding, snowmobiling and ice fishing can be enjoyed during the winter. Excellent downhill skiing is 45 minutes away at Sunrise Park Resort.

Sale
NewGen Advisory is proud to present the Super 8 located in Pinetop, Arizona. This 42 room interior corridor hotel is conveniently located on Highway 73 in the Apache National Forest. Located just 1.4 miles from Pinetop-Lakeside, 4.4 miles from Hon-Dah Resort Casino and 37 miles from Sunrise Park ski resort- this hotel benefits from a variety of demand generators.

All rooms include en suite bathrooms, desks and TVs, plus coffeemakers, mini fridges and microwaves. Guests also have free WiFi in every room. Amenities include complimentary continental breakfast and parking, plus an indoor pool, whirlpool tub, gym, business center and laundry facilities.The hotel also has a managers living quarters.

Currently the hotel is being run by a third party manager- making this an upside investment for an owner/operator who wants to live and operate a well built hotel in Arizona's White Mountains.

Location