573 Wickenburg Way Wickenburg, AZ 85390

This exceptional 14-key motel in Wickenburg, Arizona, presents a compelling investment opportunity. The property, boasting 4,374 square feet on a 20,473 square foot lot, features two single-story buildings and offers 20 parking spaces. Completely renovated in 2020, following a 2021 fire that destroyed one building, the motel now features brand new electrical systems, roofing, and plumbing. The property enjoys a consistently high occupancy rate, generating a strong Net Operating Income (NOI) of $188,069, resulting in a 7.85% cap rate. The asking price is $2,395,000, translating to $547.55 per square foot and $171,071.43 per key. Built in 1936, this fee-simple property is zoned C-3 (Major Street Commercial) and offers 18 beds. Its prime location near Old Town Wickenburg ensures high demand, particularly for weekly rentals, driven by the town's robust economy. This turnkey operation provides immediate returns and significant long-term growth potential within a thriving community. Seller carry financing is possible.