Casa de San Pedro

Hereford, Arizona
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2,988,000
Asking Price
11
Guest Rooms
12
Baths

Property Overview

10.08 irreplaceable acres backed up against 57,000 acres of the federally protected San Pedro Riparian Conservation Area. The river provides a prolific migratory route, making it one of the top 5 birding venues in the US. Casa de San Pedro was located and designed specifically for hospitality. A turn key resort with a 24 year history of growth and increasing revenue with an efficient operating profile that provides ample NOI -- enough to support further expansion, investment and profit. 87 miles from the Tucson Airport to the Inn, the drive from I-10 offers stunning and uplifting scenery.


Property Description

1996
Year Built
7,269
Sq Ft
No Restaurant
Owners Quarters

7269 SF hacienda style building with expansive courtyard in center and covered seating area off the 11 guest rooms. Handcrafted hardwood furniture throughout the resort really sets the Inn apart. 75 foot lap pool and spa. Gift shop-office, library-conference room, foyer-reading room and large dining area seating 24. Commercial kitchen where a hot breakfast is served. Outdoor seating and bird viewing areas all over the 10 acres, miles of trails along the river. Covered outdoor grilling area. Creative touches all over such as the antique mission bell, sculptures, murals, Mexican front door


Business Summary

59%
Occupancy Rate
$46,970
Revenue Per Room
$189
Average Daily Rate
$516,676
Gross Revenue
6 x
Gross Revenue Mulitplier

60% occupancy and 40% return rate due to the cultivation and good will extended to the birding community and naturalists. The opportunity exists to increase occupancy during 3 slowest months, May, June and July. At 4500 feet -20 degrees cooler than exploding Tucson and Phoenix looking to beat the heat. "Green" features abound. $175,000 Solar plant cuts elec to $100 a month. All new quiet Heat/AC mini-splits, on demand hot water heaters, rain harvesting and a productive well that hits water at 11 feet!


Reason for Selling

Retirement. They bought it in 2002


Terms & Asking Price

100% cash or financing. Owners will provide a transition to the new buyers- advise, inform.


Location

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