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Holiday Motel 5416 W Fairview Ave 18 Room Hotel Boise, ID 83706 $2,700,000 ($150,000/Room)
Investment Highlights
- Well-maintained Historic Motel. Over 75 years of service to locals and travelers. Currently serving daily and weekly guests.
- Potential to add more rooms to the lot
- 17 Units and 2 Apartments (3 Bed/2 Bath/2 Car Garage)
- Quickly accessible to Interstate 1-84. Nearby Downtown Garden City, Boise Towne Square Mall, St. Alphonsus Hospital, and restaurants
Executive Summary
Introducing a rare investment opportunity in Boise, ID! This iconic ±7,593 SF historic motel, built in 1950, boasts 36 units and exudes timeless charm. With a location just off Interstate 1-84, this property has been serving daily and weekly guests for over 75 years, offering 17 units and 2 apartments, with potential to expand. Zoned MX-3, this property presents endless possibilities for a hospitality/select service investor. Don't miss the chance to own a piece of local history and capitalize on the thriving hospitality market in Boise.
Property Facts
| Price | $2,700,000 | Building Size | 8,524 SF |
| Price Per Room | $150,000 | No. Rooms | 18 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1950 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | C | Parking Ratio | 2.35/1,000 SF |
| Lot Size | 0.72 AC | Corridor | Exterior |
| Zoning | MX-3 - MX-3 City of Boise | ||
| Price | $2,700,000 |
| Price Per Room | $150,000 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.72 AC |
| Building Size | 8,524 SF |
| No. Rooms | 18 |
| No. Stories | 1 |
| Year Built | 1950 |
| Tenancy | Single |
| Parking Ratio | 2.35/1,000 SF |
| Corridor | Exterior |
| Zoning | MX-3 - MX-3 City of Boise |
Amenities
- High Speed Internet Access
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 18 | $55.00 | - |
1 1
Bike Score®
Very Bikeable (78)
Property Taxes
| Parcel Number | R1625501390 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,255,800 |
Property Taxes
Parcel Number
R1625501390
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,255,800
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Holiday Motel | 5416 W Fairview Ave
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