MOUNTAIN GATE MULTIFAMILY OR OFFICE SITE

For a variety of reasons this is the best multifamily site in the Pinetop / Show Low area.  This 3.21 Acre site is located at the intersection of Highway 260 and Mountain Gate Trail in Pinetop / Lakeside.  It is located at the entrance to the gated community of Mountain Gate with 375 feet of Highway frontage.  The property is nearly flat, heavily treed and easily buildable.  All services are available to the site.  The site is accessed from the Mountain Gate community entrance with no highway improvements or other offsite improvements needed.

The parcel is part of the Mountain Gate HOA.  Approved uses include multifamily, condominiums, commercial and office.  This is an ideal site for apartments, a retirement facility or other types of multifamily.

Mountain Gate Office or High Density Residential Site

PROPERTY INFORMATION

Legal Description – Tract D Mountain Gate Unit One
Navajo County Parcel Number 212-69-996
CCR’s – Mountain Gate HOA
HOA Fees – $2,000 per year vacant or $4,000 per year improved
Approximate Elevation – 6,600 Feet
Approximate Property Taxes – $1,534 (2016)

UTILITIES

Water – Arizona Water Company 928-368-6992
Sewer – Pinetop–Lakeside Sanitary District 928-368-5370
Power – Navopache Electric Co-op 928-368-5118
Gas or Propane – Propane Only
Telephone – Frontier Communications 800-921-8101
Cable – Cable One 928-537-2279
School District – Blue Ridge
Hospital – Summit Healthcare Regional Medical Center 1.5 miles away

PRICE

Price – $225,000 ($1.62 / SF)

TERMS

Seller financing is available.

DIRECTIONS

This property is on Highway 260 near the Northern edge of the Pinetop/Lakeside city limits.

Mountain Gate Office