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This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. It is the Buyers responsibility to verify the information and bear all risk of any inaccuracies. 1 OFFERING PROSPECTUS Fort Verde Suites 628 S Main Street Camp Verde (Yavapai County), Arizona 86326 Opportunity Knocks! Boutique Motel Moneymaker in Excellent Location! Cash Cow with a 10.2% Cap Rate on 2018 Numbers! 16 Rooms on 0.76 acres +- / Includes Office and Manager’s Unit Over $80,000 in Recent Improvements! Zoning: Commercial / Town of Camp Verde / City Water & Sewer! In the Beautiful Verde Valley - A Perfect spot for an Owner-Operator! Owner will sell two other nearby properties – full trailer parks – see inside for details! Price: $775,000 Cash or Cash-To-New-Loan / Owner May Carry with 50% Down Exclusively Listed By: The Park Company Bart Hill – Broker PO Box 20549 Sedona, Arizona 86341 Office: (928)284-0224 Email: [email protected] DRIVE BY ONLY!!! Do Not Talk To Anyone Onsite – Save Questions For Broker! Confidential Material: This marketing proforma is proprietary, and is not intended for general distribution.

OFFERING PROSPECTUS Fort Verde Suites · Fort Verde Suites is centrally located along Main Street in historic Camp Verde, Arizona. The property is situated within easy walking-distance

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Page 1: OFFERING PROSPECTUS Fort Verde Suites · Fort Verde Suites is centrally located along Main Street in historic Camp Verde, Arizona. The property is situated within easy walking-distance

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. It is the Buyers responsibility to verify the information and

bear all risk of any inaccuracies. 1

OFFERING PROSPECTUS Fort Verde Suites

628 S Main Street Camp Verde (Yavapai County), Arizona 86326

Opportunity Knocks!

Boutique Motel Moneymaker in Excellent Location! Cash Cow with a 10.2% Cap Rate on 2018 Numbers!

16 Rooms on 0.76 acres +- / Includes Office and Manager’s Unit Over $80,000 in Recent Improvements!

Zoning: Commercial / Town of Camp Verde / City Water & Sewer! In the Beautiful Verde Valley - A Perfect spot for an Owner-Operator!

Owner will sell two other nearby properties – full trailer parks – see inside for details!

Price: $775,000 Cash or Cash-To-New-Loan / Owner May Carry with 50% Down

Exclusively Listed By:

The Park Company Bart Hill – Broker

PO Box 20549 Sedona, Arizona 86341 Office: (928)284-0224

Email: [email protected]

DRIVE BY ONLY!!!

Do Not Talk To Anyone Onsite – Save Questions For Broker!

Confidential Material:

This marketing proforma is proprietary, and is not intended for general distribution.

Page 2: OFFERING PROSPECTUS Fort Verde Suites · Fort Verde Suites is centrally located along Main Street in historic Camp Verde, Arizona. The property is situated within easy walking-distance

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. It is the Buyers responsibility to verify the information and

bear all risk of any inaccuracies. 2

Fort Verde Suites 628 S Main Street

Camp Verde (Yavapai County), AZ 86326 Fort Verde Suites is centrally located along Main Street in historic Camp Verde, Arizona. The property is situated within easy walking-distance of all downtown businesses & events. With approximately 0.76 acres with C2-4 zoning, this property is a great play for the investor looking for cash flow, or for the retiree/owner-operator looking to make money while they live in a great Verde Valley location! The property has been owned for a number of years by an out-of-state businessman who simply has reached the point where his other internet-based business is monopolizing his time. This presents an opportunity for a savvy real estate investor to take advantage of all the good work done by the prior owner (including significant improvements – see page 8) by snapping up this deal and taking advantage of a virtually turn-key property! While the property was built in approx. 1962; it was most recently renovated in 2015. The property consists of 14 Rentable Rooms, an Office and a Manager’s Unit: 16 rooms total – plus a breakfast room, storage and laundry. The room rates are $79.99 + tax for a King mini or Double Queen mini on weekdays - on weekends it’s $94.99 + tax; Suites run $94.99 + tax weekdays, and $109.99 weekends; and the 2 Bedroom family suite runs $149.99 + tax weekdays and $179.99 + tax on weekends. The average annual occupancy rate is 50% +/-. The management team has purposely kept the daily rate $25.00 +/- below the larger hotels located at the I-17 Freeway Exit on the other side of town (you can also see more details on the website https://www.fvsuites.com). Guests come from all over the country to enjoy the rustic, “old west” ambience of Camp Verde. Management has capitalized on the fact that the property is located only about 30 minutes from the Red Rocks of Sedona: with far less expensive rates and several attractive area venues, Fort Verde Suites has become a favorite for wedding parties and family reunions! A great little opportunity in an excellent Central Arizona location priced at a 10.2% Cap Rate on 2018 Numbers! Over $80K in Recent Improvements! Turn-Key and Ready for a New Owner! NOTE: The owner of Fort Verde Suites also has two small trailer parks in the immediate vicinity – within a half-mile – that he will sell as a total package or separately. These parks are currently managed out of the motel office. See pages 20 & 21 for price, terms, and basic numbers sheets – send the broker an email for full marketing packages on these two parks. DRIVE BY ONLY - DO NOT TALK WITH ANYONE ONSITE - CALL BROKER WITH QUESTIONS.

Page 3: OFFERING PROSPECTUS Fort Verde Suites · Fort Verde Suites is centrally located along Main Street in historic Camp Verde, Arizona. The property is situated within easy walking-distance

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. It is the Buyers responsibility to verify the information and

bear all risk of any inaccuracies. 3

Fort Verde Suites Cont. SITE INFORMATION: County Yavapai Assessors # 404-23-037: 0.76 ac Rooms: 16 Rooms Total / 14 are Rentable Units: 1 Managers Unit & 1 Office Amenities: Outdoor table & chairs for each room; Coffee & pastries in the morning outside; Breakfast/Snack Room; Picnic Area; Walking Distance to Local Businesses & Town Events; 30 minutes to Red Rocks of Sedona. Year Built: 1962 – est. / Renovated in 2015 & 16 Lot Size: 0.76 acres +- Zoning: Commercial: C2-4 Parking: Paved Utilities: The property is on Town of Camp Verde Water & Sewer Electric is APS; Gas – None; Trash is Patriot Disposal; Phone & Wi-Fi is Century Link – Free Wi-Fi for Guests. Wi-Fi access points at either end of the building – Router is in the office. *Note: We also have wireless thermostats installed in our rooms so they can be controlled in the office via computer. Yearly inspections: AmFlo in Cottonwood does the backflow testing & any repairs yearly Verde Fire and Safety handles the 3 fire extinguishers each year. Useful Websites: Town of Camp Verde: http://www.cvaz.org/ Yavapai County: http://www.yavapai.us/ Camp Verde Chamber: https://www.go-arizona.com/Camp-Verde-Chamber-Commerce/ Fort Verde Suites: https://www.fvsuites.com DISCLAIMER: The information contained herein has been secured from sources the Broker believes to be reliable, but the Broker makes no representations or warranties, expressed or implied, as to the accuracy of this information, or any other information Broker may provide. The Buyer is responsible for investigating the condition, square footage, acreage, lot lines or boundaries, value, rent rolls, environmental issues, utility distribution systems (including sanitation systems), roof, wood infestation (& report), property zoning, compliance with building codes or other governmental regulations, and any and all other material matters relating to the property and the decision to purchase, and Buyer will bear all risk of any inaccuracies. Notes:

- There Are No Seller Warranties: Property is being sold in “as is, where is” condition. - Buyer must provide seller with proof of down payment along with submitted offer. - Out-of-state brokers must get a buyer-broker agreement from their client to receive

compensation.

Page 4: OFFERING PROSPECTUS Fort Verde Suites · Fort Verde Suites is centrally located along Main Street in historic Camp Verde, Arizona. The property is situated within easy walking-distance

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. It is the Buyers responsibility to verify the information and

bear all risk of any inaccuracies. 4

Page 5: OFFERING PROSPECTUS Fort Verde Suites · Fort Verde Suites is centrally located along Main Street in historic Camp Verde, Arizona. The property is situated within easy walking-distance

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. It is the Buyers responsibility to verify the information and

bear all risk of any inaccuracies. 5

Page 6: OFFERING PROSPECTUS Fort Verde Suites · Fort Verde Suites is centrally located along Main Street in historic Camp Verde, Arizona. The property is situated within easy walking-distance

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. It is the Buyers responsibility to verify the information and

bear all risk of any inaccuracies. 6

Page 7: OFFERING PROSPECTUS Fort Verde Suites · Fort Verde Suites is centrally located along Main Street in historic Camp Verde, Arizona. The property is situated within easy walking-distance

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. It is the Buyers responsibility to verify the information and

bear all risk of any inaccuracies. 7

Page 8: OFFERING PROSPECTUS Fort Verde Suites · Fort Verde Suites is centrally located along Main Street in historic Camp Verde, Arizona. The property is situated within easy walking-distance

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. It is the Buyers responsibility to verify the information and

bear all risk of any inaccuracies. 8

Page 9: OFFERING PROSPECTUS Fort Verde Suites · Fort Verde Suites is centrally located along Main Street in historic Camp Verde, Arizona. The property is situated within easy walking-distance

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. It is the Buyers responsibility to verify the information and

bear all risk of any inaccuracies. 9

Fort Verde Suites Cont.

Page 10: OFFERING PROSPECTUS Fort Verde Suites · Fort Verde Suites is centrally located along Main Street in historic Camp Verde, Arizona. The property is situated within easy walking-distance

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. It is the Buyers responsibility to verify the information and

bear all risk of any inaccuracies. 10

Fort Verde Suites Cont.

Page 11: OFFERING PROSPECTUS Fort Verde Suites · Fort Verde Suites is centrally located along Main Street in historic Camp Verde, Arizona. The property is situated within easy walking-distance

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. It is the Buyers responsibility to verify the information and

bear all risk of any inaccuracies. 11

Fort Verde Suites Cont.

Exposure on Main Street

Building Front – with morning coffee spots for each room

Page 12: OFFERING PROSPECTUS Fort Verde Suites · Fort Verde Suites is centrally located along Main Street in historic Camp Verde, Arizona. The property is situated within easy walking-distance

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. It is the Buyers responsibility to verify the information and

bear all risk of any inaccuracies. 12

Fort Verde Suites Cont.

“Old West” retail stores across street from the property entrance

Picnic Area

Page 13: OFFERING PROSPECTUS Fort Verde Suites · Fort Verde Suites is centrally located along Main Street in historic Camp Verde, Arizona. The property is situated within easy walking-distance

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. It is the Buyers responsibility to verify the information and

bear all risk of any inaccuracies. 13

Fort Verde Suites Cont.

Office Interior

Interior

Page 14: OFFERING PROSPECTUS Fort Verde Suites · Fort Verde Suites is centrally located along Main Street in historic Camp Verde, Arizona. The property is situated within easy walking-distance

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. It is the Buyers responsibility to verify the information and

bear all risk of any inaccuracies. 14

Fort Verde Suites Cont.

Interior

Interior

Page 15: OFFERING PROSPECTUS Fort Verde Suites · Fort Verde Suites is centrally located along Main Street in historic Camp Verde, Arizona. The property is situated within easy walking-distance

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. It is the Buyers responsibility to verify the information and

bear all risk of any inaccuracies. 15

Fort Verde Suites Cont.

Breakfast/Snack Room

The World Famous Red Rocks of Sedona are only 30 minutes away ….

Page 16: OFFERING PROSPECTUS Fort Verde Suites · Fort Verde Suites is centrally located along Main Street in historic Camp Verde, Arizona. The property is situated within easy walking-distance

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. It is the Buyers responsibility to verify the information and

bear all risk of any inaccuracies. 16

Fort Verde Suites Cont.

Fort Verde Suites -Parcel Map – Entrance off Main Street – APN #404-23-037

Page 17: OFFERING PROSPECTUS Fort Verde Suites · Fort Verde Suites is centrally located along Main Street in historic Camp Verde, Arizona. The property is situated within easy walking-distance

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. It is the Buyers responsibility to verify the information and

bear all risk of any inaccuracies. 17

Fort Verde Suites Cont.

Fort Verde Suites - Aerial Map – Entrance at 628 S Main St, Camp Verde AZ 86322 – APN #404-23-037

Page 18: OFFERING PROSPECTUS Fort Verde Suites · Fort Verde Suites is centrally located along Main Street in historic Camp Verde, Arizona. The property is situated within easy walking-distance

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. It is the Buyers responsibility to verify the information and

bear all risk of any inaccuracies. 18

Fort Verde Suites Cont.

Fort Verde Suites – Local Map: Park address 628 S Main, Camp Verde, AZ 86322 – easiest to take the I-17 – get off at Exit #287 – Hwy 260 (Finnie Flat Rd) into Camp Verde - travel up to the signalized “T”, turn left on Finnie Flat Rd (the same street name) and drive into Old Town Camp Verde – Finnie Flat Rd bends right and turns into Main Street – look for Fort Verde Suites on your right - just a block or two past Hollamon St.

Page 19: OFFERING PROSPECTUS Fort Verde Suites · Fort Verde Suites is centrally located along Main Street in historic Camp Verde, Arizona. The property is situated within easy walking-distance

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. It is the Buyers responsibility to verify the information and

bear all risk of any inaccuracies. 19

Fort Verde Suites Cont.

Fort Verde Suites – Area Map: Park address 628 S Main, Camp Verde, AZ 86322 – easiest to travel North out of Phoenix on the I-17 into the Verde Valley - take Exit 287 – Hwy 260 (Finnie Flat Rd) into Camp Verde - travel up to the signalized “T”, turn left on Finnie Flat Rd (the same street name) and drive into Old Town Camp Verde – Finnie Flat Rd bends right and turns into Main Street – look for Fort Verde Suites on your right - just a block or two past Hollamon St. The trip from Sky Harbor takes about 1 ½ hours via I-17 North.

Page 20: OFFERING PROSPECTUS Fort Verde Suites · Fort Verde Suites is centrally located along Main Street in historic Camp Verde, Arizona. The property is situated within easy walking-distance

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. It is the Buyers responsibility to verify the information and

bear all risk of any inaccuracies. 20

Page 21: OFFERING PROSPECTUS Fort Verde Suites · Fort Verde Suites is centrally located along Main Street in historic Camp Verde, Arizona. The property is situated within easy walking-distance

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. It is the Buyers responsibility to verify the information and

bear all risk of any inaccuracies. 21