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.

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