809 Custer StMackay, ID 83251

Property Details for 809 Custer St

Year built

1947

Lot size

2.22 AC

Property size (Sq ft)

8,079 SF

Property type

Hospitality properties

Property subtype

Motels

Description

This exceptional investment opportunity presents the Wagon Wheel Motel and RV Park, a thriving hospitality business nestled in the heart of Mackay, Idaho. Originally constructed in 1947, this charming property boasts a rich history and has undergone extensive renovations over the past six years. The current configuration includes a 15-room motel, six rental cabins (one ADA-accessible), and ten RV spaces with full hookups, all situated on a 2.22-acre lot. The motel's 8,079 square feet are spread across six buildings, offering ample space for guests and operations. The property's location in Central Idaho makes it an ideal year-round destination for outdoor enthusiasts, attracting visitors interested in fishing, hunting, mountain climbing, and off-roading. This has resulted in consistent business growth over the past six years. The asking price is $1,995,000, representing a price per square foot of $246.94 and a compelling 10.50% cap rate. The property is zoned L06 and offered as a fee-simple ownership. This turnkey operation presents a rare chance to acquire a well-established and profitable business in a desirable location. The property's history, recent renovations, and strong performance make it an attractive investment for those seeking a hands-on ownership experience. The property is located at 809 Custer St, Mackay, ID 83251.

Location Insight

City

Mackay

County

Custer

State

Idaho

Latitude

43.9173

Longitude

-113.617

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