Active
Private Address
$2,395,000
$547.43 per sqft
Active
4,375 sqft
Commercial
Investment Opportunity: The Log Wagon Inn - Prime Real Estate in Wickenburg, AZ
Welcome to The Log Wagon Inn, an extraordinary investment opportunity situated in the heart of Wickenburg, Arizona. With its consistently high occupancy rate and impeccable upkeep, this motel presents a lucrative chance for savvy real estate investors. Investment Opportunity: The Log Wagon Inn - Prime Real Estate in Wickenburg, AZ
Welcome to The Log Wagon Inn, an extraordinary investment opportunity situated in the heart of Wickenburg, Arizona. With its consistently high occupancy rate and impeccable upkeep, this motel presents a lucrative chance for savvy real estate investors.
Boasting 14 keys, The Log Wagon Inn stands as a testament to quality and resilience. Despite facing adversity in 2021 with the loss of one building to fire, the property has been completely rebuilt from the ground up, featuring brand-new electrical systems, roofing, and plumbing. This substantial investment ensures that the property is not only restored but positioned for long-term success.
One of the key attractions of The Log Wagon Inn is its remarkable occupancy rate, which remains close to 100% throughout the year. This high demand for accommodations is driven by Wickenburg's robust local economy, characterized by a strong employment rate. As a result, the weekly rental option offered by The Log Wagon Inn is in high demand, providing a steady stream of income for investors.
Strategically located near Old Town Wickenburg, The Log Wagon Inn benefits from its proximity to popular attractions and amenities, enhancing its appeal to guests. With the town's rich history, vibrant culture, and thriving commercial scene just steps away, visitors are drawn to the convenience and charm of this location.
Investing in The Log Wagon Inn offers more than just financial returns; it provides an opportunity to be part of a community-driven venture. With its reputation for exceptional service and guest satisfaction, this property has established itself as a beloved destination for travelers seeking comfort and convenience.
Don't miss out on this rare chance to acquire a turnkey investment property in Wickenburg's hospitality sector. The Log Wagon Inn promises not only immediate returns but also the potential for long-term growth and success.
6693458
MLSⓇ ID
April 18, 2024
Listed
December 12, 2024
Updated
Map
Private Address
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s), Ceiling Fan(s)
Heating
Yes
Heating Description
Individual
Exterior/Building Features
Lot Size
0.47 Acres
Sewer
Public Sewer
Other Property Details
Days on Market
238
Garage
No
Parking
Free, Private Parking
View
No
County
Maricopa
Water Source
City Franchise, Master Meter
Pool
No
Listing History
Date | Event | Price |
---|---|---|
11/13/2024 | Price change | $2,395,000 -5% |
8/8/2024 | Price change | $2,495,000 -8% |
Courtesy of Gerchick Real Estate
Listing Contact: 602-688-9279
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Julie Millett shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data Last Updated: 12:47 PM UTC, 12/12/2024.