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8 Main Street, Greer, AZ 85927 (MLS# 231835)

Posted by Cyndie Shaffstall on March 25, 2018 | | 0

$2,000,000
8 Main Street
Greer, AZ 85927
MLS# 231835
Status: Active with Contingencies
8962 sqft


8 Main Street, Greer, AZ 85927
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8 Main Street, Greer, AZ 85927 8 Main Street, Greer, AZ 85927 8 Main Street, Greer, AZ 85927 8 Main Street, Greer, AZ 85927 8 Main Street, Greer, AZ 85927 8 Main Street, Greer, AZ 85927 8 Main Street, Greer, AZ 85927

Property Description
The Little Colorado River runs through this special property. The property is operated as a venue & nightly rental. This listing is for the western 2 acres of the property, Sellers intend to continue owning the eastern 2 acres. The 2 acres for sale includes a 9 bedroom, 9.5 bath Lodge; a 2 bedroom, 2 bath cabin with an approximate 400 sq ft deck (above a storage room for venue chairs & tables); 2 outdoor (1 wheelchair friendly) bathrooms & enough land to build another cabin (assuming required permits from the county). The Lodge was built with large natural logs, has multiple fireplaces, & 2 large outdoor decks overlooking the property. The grounds have a fire pit & horseshoe pit. Go to: www.greerredsetter.com This listing includes River Tranquility & Lodge only

Details
Maps
None
Area: Greer
Location, Taxes & Legal
Street #: 8
Street Name: Main
St Suffix: Street
County: Apache
State: AZ
Zip Code: 85927
Assessor #: 102-14-015A
Additional Parcel Numbers: Yes
Subdivision/Neighborhood: Greer
Directions: Greer Junction - Highway 260 and Highway 373. Go S on Hwy 373 into Greer. Go past the fire station, past Molly Butler Lodge, Past Greer Lodge to the most beautiful property in the Greer Village, on your left. This property is almost at the end of town - only two cabins to the South, then you are in the Forest!
Legal: SECTION: 14 TOWNSHIP: 7N RANGE: 27E (P-1) COM CS 1/16 COR NELY 501.30' TO POB CONTIN NELY 43.98' NELY ALONG A CURVE OF 69.09' SELY 25.01' NELY ALONG A CURVE OF 81.15' CONTIN NELY 80.82' SELY 81.92' CONTIN SELY 146.24' SWLY 121.73' W 209.30' TO POB. There are 2 parcels total, all legals to be provided in escrow.
Township: 7N
Section: 14
Tract: 9705.02/1
Taxes: 6730
Tax Year: 2020
Zoning (Manual): Commercial
Contract Info
Residential Type: Building w/Land
Status: Active with Contingencies
Listing Date: 2020-09-15
Original List Price: 2000000
Listing Price: 2000000
Current Price: $2,000,000
List Price/SqFt: 223.16
Main Fields
REO: No
Keywords
Aprx # of Acres: 2
General Prop Info
Approx Lot SqFt: 87120
Year Built: 1991
Aprx SqFt: 8962
Aprx SqFt Source: Appraiser
Assessments: No
Remarks & Misc
Business Description: Prestigious lodge & venue in the White Mountains of AZ! Located on 4+ acres, at the end of the road in Greer. The Little CO River runs through the middle of the property & the E. side of the property backs to the National Forest. There is a 9 bedrm, 9.5 bath lodge, a 2 bedrm, 2 bath cabin, a 5 bedrm, cabin with two master suites & Two 1 bedrm cabins w/ lofts. All cabins are log, have BBQ grills & are fully furnished & have decks overlooking the river. Nightly rentals, weddings, retreats & more!
Status Change Info
Status Change Date: 2020-12-30
Utilities Available
Sewer Service Provider: Little CO Sanitary D
Cable/Satellite Provider: Direct TV
Telephone Service Provider: Frontier
Gas Service Provider: Ferrell Gas
Other Service Provider: Navopache Elec
Location
Other: Riverfront
Property Features
Business Type: Hotel/Motel
Info Available: Financials; Survey
Owner Will Sell: Cash; Other; OWC
Interior Features: CO Detectors; Smoke/Heat Detectors
Exterior Features: Fenced; Landscaped
Parking Spaces: 4 - 10
Heating: Baseboard; Bottled Gas; Electric; Forced Air
Utilities Available: Navopache; Bottled Gas; Electric - Individual Metered; Septic Installed; Sewer Installed; Cable/Satellite TV; Telephone; Natural Gas; Other Service; Private Well; Propane Tank Leased
Construction: Concrete Block; Frame; Log
Roof: Metal
Location: Freestanding
Road Maintenance: County
Supplements
This property is special! Originally a world renowned bed and breakfast, the property is now a wedding venue, reunion spot, business, church and organizational retreat and a nightly rental. Some financial information is available to qualified buyers, who sign the confidentiality agreement. Extensive remodeling has been done since purchased in 2013. Buyer and Seller will agree to reciprocal use of the river. Buyer and Seller will split the cost to have corners marked. If desired, Buyer will will retain the right to host up to 10 weddings per year. This process can be agreed to and documented as a supplement to the purchase agreement. Opportunities for Buyer to Consider: 1 - continue to operate as is with a property manager; 2 an Owner/Operator has potential to improve cash flow (versus having a property manager); 3 - return the Lodge to a bed and breakfast with likely increased occupancy and cash flow; 4 - expand capacity by building another cabin on the North end of property. Buyer must honor 2021 rental commitments in place as of the date of closing.

Listing Office: Dana Hubbell Group

Last Updated: December - 30 - 2020

8 Main Street, Greer, AZ 85927 - MLS# 231835

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Thursday 21st of January 2021 04:38 PM

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