HIGHLIGHTS
- 109-room hotel with one manager's apartment near University of Idaho
- ~14.9% cap rate at $3,950,000 asking price based on adjusted NOI
- 50% traditional hotel rooms, 50% student housing — multiple revenue streams
- Renovated in 2020 with new flooring, soft goods, and Motel 6-spec case goods
- ~40 rooms upgraded with kitchenette counter for extended stays and student housing
- New electronic door lock system (2024) and on-demand boiler system (2025)
FOR SALE DETAILS
PRICE
$3,950,000 USD
PRICE/SF
$102 USD /SF
# OF ROOMS
55
PRICE/ROOM
$71,818 {currency}
CAP RATE
14.89%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
101 Baker St
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
2
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1979
PARKING SPACES
119
LAND DETAILS
LAND ACRES
2.35 AC
LAND SF
102,366 SF
ZONING
LIL
APN/PARCEL ID
RPM00400020020A
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