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Wagon Wheel Motel 809 W Custer Rd

21 Room Hotel Mackay, ID 83251 $2,827,853 CAD ($134,660 CAD/Room) 10.50% Cap Rate

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 (CAD) Annual Per SF (CAD)
Gross Rental Income $654,719 $81.04
Other Income - -
Vacancy Loss - -
Effective Gross Income $654,719 $81.04
Taxes $5,651 $0.70
Operating Expenses $625,314 $77.40
Total Expenses $630,965 $78.10
Net Operating Income $23,754 $2.94

Financial Summary (Actual - 2023)

Gross Rental Income (CAD)
Annual $654,719
Annual Per SF $81.04
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $654,719
Annual Per SF $81.04
Taxes (CAD)
Annual $5,651
Annual Per SF $0.70
Operating Expenses (CAD)
Annual $625,314
Annual Per SF $77.40
Total Expenses (CAD)
Annual $630,965
Annual Per SF $78.10
Net Operating Income (CAD)
Annual $23,754
Annual Per SF $2.94

Property Facts

Price $2,827,853 CAD
Price Per Room $134,660 CAD
Sale Type Investment
Cap Rate 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
No. Stories 1
Year Built 1947
Parking Ratio 2.72/1,000 SF
Corridor Exterior

Amenities

  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 21 $155.92 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
RPB0021000019A
Land Assessment
$92,899 CAD
Improvements Assessment
$969,837 CAD
Total Assessment
$1,062,736 CAD
Annual Taxes
$5,651 CAD ($0.70 CAD/SF)
Tax Year
2023

zoning

Zoning Code L06
L06
  • Listing ID: 32173469

  • Date on Market: 2024-06-18

  • Last Updated:

  • Address: 809 W Custer Rd, Mackay, ID 83251

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