Wagon Wheel Motel | 809 W Custer Rd
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Wagon Wheel Motel 809 W Custer Rd
21 Room Hotel Mackay, ID 83251 £1,560,988 (£74,333/Room) 10.50% Net Initial Yield
Investment Highlights
- Completely Renovated
- High Visibility
- Located in the Heart of Mackay Id
- Close to Hunting, Fishing, Off-Roading,
Executive Summary
***INVESTMENT OPPORTUNITY*** Looking to own your own business and be your own boss?? Here is a once in a lifetime opportunity to purchase a profitable turn key business located in the heart of Central Idaho. Originally built in 1947 this hand cut log cabin motel has been completely renovated over the last 6 years and grown too a 15 room motel, 6 rental cabins one with one being ADA accessibility and 10 RV pads with full hook ups. This motel has been a year round destination for outdoor enthusiast who enjoy fishing, hunting, mountain climbing and off roading. This business has seen consistent growth over the last 6 years making it an incredible opportunity.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£361,408
|
£44.73
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£361,408
|
£44.73
|
| Taxes |
£3,120
|
£0.39
|
| Operating Expenses |
£345,176
|
£42.73
|
| Total Expenses |
£348,296
|
£43.11
|
| Net Operating Income |
£13,112
|
£1.62
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | £361,408 |
| Annual Per SF | £44.73 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £361,408 |
| Annual Per SF | £44.73 |
| Taxes | |
|---|---|
| Annual | £3,120 |
| Annual Per SF | £0.39 |
| Operating Expenses | |
|---|---|
| Annual | £345,176 |
| Annual Per SF | £42.73 |
| Total Expenses | |
|---|---|
| Annual | £348,296 |
| Annual Per SF | £43.11 |
| Net Operating Income | |
|---|---|
| Annual | £13,112 |
| Annual Per SF | £1.62 |
Property Facts
| Price | £1,560,988 | Lot Size | 2.22 AC |
| Price Per Room | £74,333 | Building Size | 8,079 SF |
| Sale Type | Investment | No. Rooms | 21 |
| Net Initial Yield | 10.50% | Number of Floors | 1 |
| Sale Conditions | Business Value Included | Year Built | 1947 |
| Property Type | Hospitality | Parking Ratio | 2.72/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | B |
| Price | £1,560,988 |
| Price Per Room | £74,333 |
| Sale Type | Investment |
| Net Initial Yield | 10.50% |
| Sale Conditions | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.22 AC |
| Building Size | 8,079 SF |
| No. Rooms | 21 |
| Number of Floors | 1 |
| Year Built | 1947 |
| Parking Ratio | 2.72/1,000 SF |
| Corridor | Exterior |
Amenities
- High Speed Internet Access
- Public Access Wi-Fi
- Smoke-Free
- Fully-Equipped Kitchen
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 21 | £86.07 | - |
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PROPERTY TAXES
| Parcel Number | RPB0021000019A | Total Assessment | £593,629 |
| Land Assessment | £51,892 | Annual Taxes | £3,120 (£0.39/sf) |
| Improvements Assessment | £541,737 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
RPB0021000019A
Land Assessment
£51,892
Improvements Assessment
£541,737
Total Assessment
£593,629
Annual Taxes
£3,120 (£0.39/sf)
Tax Year
2023
zoning
| Zoning Code | L06 |
| L06 |
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Wagon Wheel Motel | 809 W Custer Rd
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