573 W Wickenburg Way - Hospitality FOR SALE


Wickenburg, AZ 85390
$1,700,000 USD
602-524-1166
573 W Wickenburg Way, Wickenburg, AZ for Sale
$1,700,000 USD
Hospitality - FOR SALE
1/9
null | 9.54% Cap Rate

573 W Wickenburg Way
Wickenburg, AZ 85390


OVERVIEW

Presenting an exceptional investment opportunity in the heart of Wickenburg, Arizona - the Log Wagon Inn located at 573 W Wickenburg Way, Wickenburg, AZ 85390. This charming single-story property with exterior corridors sits on .47 acres of land and offers 14 cozy rooms for guests to enjoy. Wickenburg boasts a diverse economy, catering to tourism, second-home residents, retirees, medical facilities, and more. The town's strategic location on major highways and its connection to the proposed I-11 route linking Phoenix and Las Vegas make it a prime destination for business and leisure travelers alike. With a solid revenue stream and room for growth, the Log Wagon Inn presents a lucrative investment opportunity in a thriving market. Don't miss the chance to own a piece of this vibrant community and capitalize on the potential this property has to offer. This 14 room property is exterior corridor. In Oct 2020 extensive renovations were completed including removal of asbestos, new drywall, plumbing, electrical, parking lot, partial roof, new stucco, doors, flooring, and shower stalls.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$389 USD /SF

# OF ROOMS

14

PRICE/ROOM

$121,429 {currency}

CAP RATE

9.54%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Log Wagon Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1942

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

C-3, Wickenburg

APN/PARCEL ID

505-30-088

ASK ABOUT THIS PROPERTY

Carol GallegosGallegos & Associates Realty, IncMore Info
602-524-1166

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Carol GallegosGallegos & Associates Realty, IncMore Info
602-524-1166

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.