royal western lodge willcox,...

Royal Western Lodge Willcox, AZ

Represented By: Gallegos and Associates Commercial Real Estate Inc. Carol Gallegos – Broker 8747 E. Via De Commercio – Scottsdale, AZ 85258 Phone: Carol 602-524-1166 Fax: 480-295-7646 Email: [email protected] Web Page: www.gallegosrealty.com

Gallegos & Associates, Inc. CONFIDENTIALITY & DISCLAIMER The information contained in the following Broker’s Opinion of Value is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Gallegos & Associates and should not be made available to any other person or entity without the written consent of Gallegos & Associates, Inc.. This Brochure has been prepared to provide summary, unverified information to prospective buyers, for the subject property(s). The information contained herein is not a substitute for a thorough due diligence investigation. Gallegos & Associates, Inc. has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB's or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Brochure has been obtained from sources we believe to be reliable; however, Gallegos & Associates, Inc. has not verified, and will not verify, any of the information contained herein, nor has Gallegos & Associates, Inc. conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. PLEASE CONSULT YOUR GALLEGOS & ASSOCIATES, INC. AGENT FOR MORE DETAILS.

PROPERTY CANOPY AND EXTERIOR


STANDARD ROOMS


BATHROOM

DOUBLE QUEEN ROOM

TYPICAL ROOM INTERIOR


PROPERTY INFORMATION LOCATION: 590 S. Haskell Ave. Willcox, AZ 85643 Population 3,600 The Royal Western Lodge is located on I-10 between Tucson and Las Cruces, NM. It has good visibility and is easy to find. NUMBER OF FLOORS: 2 NUMBER OF ROOMS : 28 Living Quarters: 1 Bedroom with kitchen Attached Year Opened: 1959 Exterior Corridor Single and 2 Story



COMPETITIVE SET: Budget Riteway Motel 8 Arizona Sunset Inn DEMAND GENERATORS: The Royal Western Lodge in Willcox, Arizona puts you right in the middle of Arizona history and just two miles from the Rex Allen Arizona Cowboy Museum and Willcox Cowboy Hall of Fame. In addition to celebrating the silver screen cowboy, Rex Allen Days are in the fall, Willcox serves as a gateway to the Chiricahua National Monument, is home to The Friends of Marty Robbins Museum and offers more than a half dozen U-pick farms in the area. Kartchner Caverns, Cochise Stronghold and Fort Bowie are less than an hour away. Chiricahua Museum 2.0 mi Marty Robins Museum 2.0 mi Rex Allen Museum 2.0 mi Amerind Museum 35.0 mi Chiricahua National Monument 35.0 mi Fort Bowie 35.0 mi Cochise Stronghold 40.0 mi Kartchner Caverns 40.0 mi Graham Mountain 60.0 mi Old Bisbee 60.0 mi Roper Lake 60.0 mi Douglas, AZ/Mexico Border 71.0 mi Tucson, AZ 80.0 mi


THE FUTURE OF WILLCOX, AZ Arizona wines are featured at Willcox Wine Country's Fall Festival. The Willcox Wine Country Committee in cooperation with The Willcox Chamber of Commerce and Agriculture announce the annual Willcox Wine Country Festival. The festival is a 2-day event in Railroad Park in historic downtown Willcox. The event will include local farm products, food booths, music and a wine tasting area with 13 Arizona wineries. Wine making in this area is poised for future growth. June 14, 2017 the Arizona Daily Star Newspaper reported that a solar-energy farm is taking shape next to the Apache Generating Station near Willcox that will provide 20 megawatts of clean power to rural electric cooperatives across the state when it goes online in September. About 4,000 photovoltaic panels are going up each workday at a project by Benson-based Arizona G&T Cooperatives, which is building the solar plant to supply member co-ops including Trico Electric, which serves parts of rural Pima, Pinal and Santa Cruz counties. Other participating co-ops are Sulphur Springs Valley Electric, Graham County, Duncan Valley and Mohave, as well as Anza in California and Pinal County’s Electric District 2. The solar farm — which will consist of more than 77,000 individual solar panels — will be operated by Sierra Southwest Cooperative Services, part of Arizona G&T Cooperatives. Sulphur Springs, which serves parts of Cochise, Graham, Pima and Santa Cruz counties, including Sierra Vista and Willcox, also is buying power from a separate 20MW photovoltaic project west of the Apache power plant, completed by solar supplier SunPower last December.


Financial Information Offering Price:

$225,000.00

RoyalWesternLodge-Willcox,AZ*

IncomeandExpenses 2017 2016 2015Revenue ThruMay 42809 55613 100662

ExpensesAdver7sing 2640 1851BankCharges 1051 919Dues&Subscrip7ons 415 0Insurance 3080 4489LegalandProfessionalFees 500 500OfficeExpense 200 89PropertyTax 6280 6000Repair&Maint. 2976 2296PestControl 935 139Postage 7 81Supplies 8460 8186TaxandLicense 498 77TaxTPT 5432 12217U7li7es 24910 29002TOTAL 57384 65846

NOI 34816

Incomedroppedin2015duetoagricultrualworkersthatnormallycomedidnotarrive.Thiswasananomalythatnormallydoesnotoccur.

royal western lodge willcox,...

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