Photo 1 of 1
$775,000
Sold on 3/18/16
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$14,164 |
1964 |
On the market:
150 days
|
View full details, 15 photos, school info, and price history
Resort offering consists of multiple businesses and income streams including: A well established Bar & Restaurant, 23 motel units, 82 space Mobile Home Park, 200+ customer water company, and RV Storage lot. An Arizona landmark, the Roosevelt Lake Resort is located a short distance from the lake along State HWY 188, 25 miles northwest of Globe, Arizona. Home to tourists, fisherman and many year around residents the property, also known as ''Sportsman's Paradise'' enjoys multiple revenue streams and great upside potential. Current revenues are derived from space rentals in the MHP, water company sales, food service/bar business, and seasonal lodging. This represents an excellent opportunity for an investor or operator to re-position the resort allowing for expanded revenues in all componen