NOT LISTED FOR SALE

2050 Dome Rock Rd W Quartzsite, AZ 85346

Estimated Value: $3,112,093

-- Bed
-- Bath
20,746 Sq Ft
$150/Sq Ft Est. Value

Last Sold January 12, 2022

Last sale price $3,000,000 $145 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $19,874/month

14 Days on Market

Highlights

  • 9.01 Acre Lot
  • Ceramic Tile Flooring
  • Heating Available
  • Salome High School Rated 9+
  • Central Air

About This Home

As of January 2022

The Only National Brand Motel in Town. Original Owner Since Motel Constructed in 2003. 2018, 2019, 2020 Tax Returns Available. Also, STR & Wyndham Reports. 52 Rooms, 70 Stalls for Automobiles. 40-70 Stalls for Semi Trucks. 2 Billboards on Property that are Rented and Generating $16,800.00 in Annual Income. Motel is Full During the Winter Season. I-10 Freeway Sustains the Motel During the Summer Months. California Taxes & Over-Regulation are Feeding the Growth of Quartzsite. Absentee Owner is Retiring. Trained, Experienced Staff. Very Clean and Well Organized. Motel has Own Well, Pump House and 10,000 Gallon Storage Tank. Runs on on Septic System. Motel Occupies Small Footprint on 9.02 Acre Parcel. Room for Growth.

Last Listed By

Jon Beydler

Citypoint Arizona LLC License #BR543141000 Listed on: 01/09/2022

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $40,139

Year Built

  • Built in 2003

Lot Details

  • 9.01 Acre Lot
  • Wire Fence
  • Property is zoned Commercial

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 140 Open Parking Spaces
  • 140 Parking Spaces
  • Public Parking
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating Available
  • 220 Volts
  • Well

Listing and Financial Details

  • Assessor Parcel Number 306-30-001-A

Community Details

Building Details

  • Operating Expense $40,139
  • Gross Income $816,800
  • Net Operating Income $267,634

Additional Features

  • 2 Buildings
  • Reception Area

Property Details

Property Type

Other

Est. Annual Taxes

$40,139

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Cross Street: Interstate 10 & Exit 17
  • Legal Info Range: 19W
  • Property Type: Comm/Industry Sale
  • Zoning: Commercial
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 2003
  • Tax Year: 2019
  • Directions: South to Dome Rock Road. Right or West about 1/2 Mile to the Super 8 by Wyndham Motel on your Right.
  • Lot Size Acres: 9.01
  • Road Surface Type: Gravel, Dirt, Asphalt
  • Structure Type: Commercial
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Ceramic Tile

Exterior Features

  • Fencing: See Remarks, Wire
  • Disclosures: Water Well Report, Perc Test, Seller Prop Disc Stm, Water Cap/Quality Rp, Sch of Personal Prop
  • Construction Type: Frame - Wood, Stucco
  • Roof: Built-Up
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Paved Parking, Public Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 140.0
  • Total Parking Spaces: 140.0
  • General Property Description:Uncvrd Parking Spcs: 140.0
  • General Property Description:Total Parking Spcs: 140.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: 220 Volts, APS
  • Cooling: Central A/C
  • Heating: Electric
  • Green Building Features: Reception Room
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Domestic Well
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Reception Room: Yes

Lot Info

  • Lot Size Sq Ft: 392656.0
  • Parcel #: 306-30-001-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Gross Income: 816800.0
  • Property Net Operating Income: 267634.0
  • Annual Operating Expense: 40139.0

Tax Info

  • Tax Annual Amount: 40139.0
  • Tax Book Number: 306.00
  • Tax Lot: -
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2022
Closed on
Jan 10, 2022
Sold by
Sucsoan Llc
Bought by
Gurkirpa Hospitality Llc
Seller's Agent
Jon Beydler
Citypoint Arizona LLC
Buyer's Agent
Jon Beydler
Citypoint Arizona LLC
List Price
$3,000,000
Sold Price
$3,000,000
Total Days on Market
14
Current Estimated Value
$3,112,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,093
Avg. Annual Appreciation
1.03%
Original Mortgage
$2,315,000
Outstanding Balance
$2,162,398
Interest Rate
3.05%
Mortgage Type
Small Business Administration
Estimated Equity
$940,635

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gurkirpa Hospitality Llc $3,000,000 Driggs Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gurkirpa Hospitality Llc $2,315,000
Previous Owner Sucsoan Llc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2022 01/12/22 Sold $3,000,000 0.0% $145 / Sq Ft
11/11/2021 11/11/21 For Sale $3,000,000 0.0% $145 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
08/15/2021 08/15/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $3,000,000 -- $145 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $31,444 $1,720,590 -- --
2023 $31,444 $1,560,626 $0 $0
2022 $34,103 $1,782,714 $0 $0
2021 $42,235 $134,174 $0 $0
2020 $41,585 $1,877,181 $0 $0
2019 $40,139 $321,802 $0 $0
2018 $37,578 $629,806 $0 $0
2017 $35,023 $0 $0 $0
2016 $35,235 $0 $0 $0
2015 $40,106 $0 $0 $0
2014 $37,230 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6275655

Arizona Regional Multiple Listing Service (ARMLS)

APN: 306-30-001A