249 S OLD HIGHWAY 188 --, Tonto Basin, AZ 85553
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249 S OLD HIGHWAY 188 --, Tonto Basin, AZ 85553
249 S OLD HIGHWAY 188 --, Tonto Basin, AZ 85553
249 S OLD HIGHWAY 188 --, Tonto Basin, AZ 85553
249 S OLD HIGHWAY 188 --, Tonto Basin, AZ 85553

$460,000

Est. payment /mo

$480,000

4.2%
Est.Price: ?

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249 S OLD HIGHWAY 188 -- Tonto Basin, AZ 85553

1.02 Acres Lot

SOLD DATE : 09/17/2026

Key Details

Sold Price $460,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 7001845

Sold Date 09/17/26

Year Built 1986

Annual Tax Amount $4,470

Tax Year 2025

Lot Size 1.015 Acres

Acres 1.02

Source Arizona Regional Multiple Listing Service (ARMLS)

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.

Location

State AZ

County Gila

Area Gila

Zoning Mixed Use Com

Interior

Heating Propane

Cooling Central Air, Office Evap

Flooring Other

Exterior

Parking Features Private

Fence None

Roof Type Composition

Private Pool No

Building

Sewer Septic Tank

Water Private, Community Franchise

New Construction No

Others

Senior Community No

Tax ID 201-07-004-D

Ownership Fee Simple

Disclosures None

Financing Other

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Arizona Regional MLS (ARMLS)
Listed by Realty ONE Group • Geoffrey Adams
Bought with Realty ONE Group
Leslie Goulden

Leslie Goulden

+1(425) 503-8862

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