NOT LISTED FOR SALE

318 W Business Loop Bowie, AZ 85605

-- Bed
-- Bath
3,898 Sq Ft
0.84 Acres

Last Sold August 28, 2024

Last sale price $110,000 $28 Per Sq Ft

321 Days on Market

About This Home

As of August 2024

This 11-unit motel is the perfect opportunity for a savvy investor or entrepreneur. Located in a high-traffic area with a huge need for Monthly Rentals in the agricultural sector. The motel has the potential to generate significant income once it has been renovated and reopened. Various room sizes and Configurations. Each unit has a 3/4 bath. Main 2 bedroom home/ office has Full bath w/ tub, kitchen and fireplace. Other features: communal laundry and kitchen space, Outdoor Fireplace & Ramada, Small Storage building in back, 7 RV spots (2 of which have sewer dumps). Two new septic tanks were installed in 2018 at a cost of $16,000. Could be Converted into / used as a Multi-Family Unit Complex. The previous owner was collecting $5,000 gross monthly before having to shut down. With a little TLC, this motel could be a gold mine.

Last Listed By

Krista Benavides

Tierra Antigua Realty, LLC License #SA668640000 Listed on: 08/23/2024

Tierra Antigua Realty, LLC

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $893

Year Built

  • Built in 1950

Lot Details

  • 0.84 Acre Lot
  • Chain Link Fence
  • Property is zoned GB

Home Design

  • 3,898 Sq Ft Home
  • Brick Exterior Construction
  • Tile Roof

Flooring

  • Carpet
  • Concrete
  • Vinyl

Parking

  • 8 Parking Spaces
  • 8 Covered Spaces
  • Private Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Multiple Heating Units
  • Heating System Uses Natural Gas
  • Septic Tank

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 302-14-069

Community Details

Overview

  • 6 Buildings
  • Building Dimensions are 140' x 260'
  • Bowie Subdivision

Building Details

  • Operating Expense $893

Property Details

Property Type

Other

Est. Annual Taxes

$893

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: N Lincoln Ave and W Business Loop
  • Legal Info Range: 28
  • Property Type: Comm/Industry Sale
  • Zoning: GB
  • Number Of Buildings: 6
  • Ownership: Fee Simple
  • Year Built: 1950
  • Tax Year: 2023
  • Directions: East on I-10, Take exit 362 toward Bowie, go over the overpass and then Straight on the Frontage Rd/ Business loop for 1.5 miles. At the corner of S Lincoln Ave. Sign on Property.
  • Lot Size Acres: 0.84
  • Road Surface Type: Asphalt
  • Subdivision Name: BOWIE
  • Structure Type: Other (See Remarks)
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Vinyl, Concrete
  • Living Area: 3898.0

Exterior Features

  • Fencing: Chain Link
  • Disclosures: Vicinity of an Airport, Seller Prop Disc Stm
  • Construction Type: Brick
  • Roof: Tile

Garage/Parking

  • Total Covered Spaces: 8.0
  • Parking Features: Private Parking
  • Attached Garage: No
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Private Parking: Yes

Utilities

  • Electric: SSVEC
  • Cooling: Wall/Window Unit(s)
  • Heating: See Remarks, 2 or More Units, Natural Gas
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes
  • Heating:_two_ or More Units3: Yes

Lot Info

  • Lot Size: 140' x 260'
  • Lot Size Sq Ft: 36385.0
  • Parcel #: 302-14-069
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 892.62

Tax Info

  • Tax Annual Amount: 892.62
  • Tax Book Number: 302.00
  • Tax Lot: 15
  • Tax Map Number: 14.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2024 08/28/24 Sold $110,000 -6.8% $28 / Sq Ft
08/23/2024 08/23/24 Price Changed $118,000 0.0% $30 / Sq Ft
08/21/2024 08/21/24 Pending -- -- --
04/02/2024 04/02/24 Price Changed $118,000 -9.2% $30 / Sq Ft
02/23/2024 02/23/24 Price Changed $130,000 -7.1% $33 / Sq Ft
10/26/2023 10/26/23 Price Changed $140,000 -6.7% $36 / Sq Ft
10/04/2023 10/04/23 For Sale $150,000 -- $38 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Krista Benavides

    Seller's Agent in 2024

    Krista Benavides

    Tierra Antigua Realty

    (520) 508-4844

    171 Total Sales

    Krista Benavides
    Section Image
  • Kathy Mendez

    Buyer's Agent in 2024

    Kathy Mendez

    Mesquite Ranch Realty Inc.

    (520) 507-2128

    77 Total Sales

    Kathy Mendez
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6613573

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Cochise County Bowie

318 W Business Loop, Bowie, AZ

Homes for Sale in Bowie, AZ

This home is located at 318 W Business Loop, Bowie, AZ 85605 since 23 August 2024. This property was built in 1950. 318 W Business Loop is a home located in Cochise County with nearby schools including Bowie Elementary School and Bowie High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393