1105 N Broad St

Investment Overview

1105 North Broad Street offers a versatile 5,550 SF property with significant potential for multifamily redevelopment or conversion. The property presents a strong opportunity for investors and developers seeking a value-add asset with flexible redevelopment possibilities. Its existing building layout provides an opportunity to reimagine the space for residential use, including potential apartment units or other multifamily housing concepts, subject to applicable approvals. Located in Globe, Arizona, the property is well suited for buyers looking to capitalize on the area's housing needs and long-term investment potential.

Investment Highlights

• ±5,550 SF Motel on 0.52 Acres (±22,651 SF)
• Two-Story Building with a Single-Story Room Wing
• Swimming Pool and Storage Building
• Built in 1964 – Primarily Block Construction
• Sold As-Is – Requires Remodeling
• Owner Financing Available
• Potential Conversion to Apartments