Las Ramadas Motel was constructed circa 1940s as verified by a document for the swimming pool which was built circa
1953. The hotel consists of a diner with full kitchen and bar, ten residential units, including a three bedroom two bath
home, a service garage, parking area, and a separate lobby with a manager’s residence. The project is adjacent to City of
Phoenix Parks and Recreation land to the north and the east sides of the property. The property has ingress / egress to
both Buckeye Road and South 32nd Avenue. Since historic designation has not yet been secured, the entire site may be
redeveloped with the appropriate permits by the City of Phoenix. The Seller will consider all reasonable offers.
Seller is VERY MOTIVATED! Will carry paper (20% down, 7% interest, 3 year term) and will also entertain lease or redevelopment inquiries.