249 S OLD HIGHWAY 188, Tonto Basin, AZ 85553
$550,000
Property Type:
Comm/Industry Sale
Square Footage:
3,666
Lot Size (sq. ft.):
44,218
Status:
Pending
Current Price:
$550,000
List Date:
11/04/2025
Last Modified:
2/20/2026
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
Supplements: 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.
More Information MLS# 6841457
Contract Info
Ownership: Fee Simple
Current Price: $550,000
List Price: $550,000
Status: Pending
List Date: 2025-03-26
Location, Tax & Legal
Assessor's Map #: 7
Legal Description (Abbrev): SECTION: 10 TOWNSHIP: 06N RANGE: 10E COM AT SE COR SEC 10, TH N ALG E LINE 1070.85'; TH S89D40'W 83.
Assessor's Parcel #: 4
Assessor Parcel Ltr: D
Add'l Parcels: Yes
Tax Municipality: Gila - COUNTY
Census Tract: 700
Taxes: 4486
Legal: SECTION: 10 TOWNSHIP: 06N RANGE: 10E COM AT SE COR SEC 10, TH N ALG E LINE 1070.85'; TH S89D40'W 83.
House Number: 249
Compass: S
Street Name: OLD HIGHWAY 188
St Suffix: --
City/Town Code: Tonto Basin
State/Province: AZ
Zip Code: 85553
Zip4: 1725
County Code: Gila
Assessor Number: 201-07-004-D
Tax Year: 2024
General Property Description
Ttl Apx SqFt Bldg: 3666
# of Buildings: 3
Uncvrd Parking Spcs: 70
Year Built: 1986
Zoning: Mixed Use Com
Currently Not Used
Sold Price Per SqFt: 150.03
Legal Info
Range: 10E
Section: 10
Township: 06N
Lot Number: 5
Construction
Block: 1
Stucco: 1
Wood Frame: 1
Roofing
Composition: 1
Floors
Other: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 4486
Other Income: 0
Vacancy Allowance: 0.3
Adjusted Gross Inc: 473900
Building Type
Commercial: 1
Business Type
Restaurant: 1
Bar/Tavern/Lounge: 1
Other: 1
Stories
2 Stories: 1
Pmt & Rate Info
Cap Rate: 36.36
Equity: 550000
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Text: 1
Phone Call: 1
Lockbox Type
None: 1
Ceiling Height
10.1 Feet to 12 Feet: 1
14.1 Feet to 16 Feet: 1
Heating
Propane: 1
Cooling
Central Air: 1
Office Evap: 1
Interior Features
Finished: 1
Loading Facilities
None: 1
Exterior
Monument Sign: 1
Source of Fincl Data
Owner: 1
Traffic Count
Unknown: 1
Fencing
None: 1
Water Source
Private: 1
Community Franchise: 1
Freeway/Highway
Frontage: 1
Sewer
Septic Tank: 1
Parking Features
Private: 1
Electric
APS: 1
Gas
Propane Bottled: 1
New Financing
Cash Only: 1
1031 Exchange: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Use Restrictions
Other (See Remarks): 1
Reports/Disclosures
None: 1
Environmental
None: 1
Contact Info
List Agent Home Phn: 602-633-5599
Remarks Misc
Geo Lat: 33.873543
Geo Lon: -111.314184
Status Change Info
Off Market Date: 2026-02-20
Under Contract Date: 2026-02-20
Income Expenses
Gross Annual Sch Inc: 677000
Net Operating Income: 200000
Property Features
Building Type: Commercial
Business Type: Restaurant; Bar/Tavern/Lounge; Other
Stories: 2 Stories
Construction: Block; Stucco; Wood Frame
Roofing: Composition
Floors: Other
Ceiling Height: 10.1 Feet to 12 Feet; 14.1 Feet to 16 Feet
Heating: Propane
Cooling: Central Air; Office Evap
Loading Facilities: None
Interior Features: Finished
Exterior: Monument Sign
Fencing: None
Parking Features: Private
Electric: APS
Gas: Propane Bottled
Water Source: Private; Community Franchise
Sewer: Septic Tank
New Financing: Cash Only; 1031 Exchange
Showing Notification Methods: Text; Phone Call
Lockbox Type: None
Source of Fincl Data: Owner
Existing 1st Loan: Treat as Free&Clear
Existing 2nd Loan: Treat as Free&Clear
Existing 3rd Loan: Treat as Free&Clear
Traffic Count: Unknown
Use Restrictions: Other (See Remarks)
Environmental: None
Listing Office:
Realty ONE Group
Last Updated: February - 20 - 2026
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