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Travelers Motel 5620 W Fairview Ave

15 Room Hotel Boise, ID 83706 $1,400,000 ($93,333/Room)

Investment Highlights

  • Zoned MX-3 for commercial and mixed use development
  • Excellent visibility on Fairview Ave.
  • Prime location in Boise
  • Strong investment opportunity in a growing market

Executive Summary

Property Highlights:
Whether you're seeking to convert this property into multifamily housing or revitalize it as a thriving motel, this investment opportunity
in Boise, Idaho, offers endless possibilities. With its central location, flexible zoning, existing infrastructure, and potential for value
appreciation, this property is poised to deliver significant returns for savvy investors. Don't miss out on the chance to capitalize on
Boise's dynamic real estate market and transform this property into a lucrative asset. Owner is willing to carry note. Call Agent for information.
Location Overview:
The property is located in the vibrant city of Boise, Idaho, known for its thriving business community and stunning natural
surroundings. Situated in the heart of the city, the area offers a diverse range of dining, shopping, and entertainment options, along
with convenient access to major transportation routes. Boise is also home to a variety of cultural attractions, including museums, art
galleries, and historic landmarks. Nearby points of interest include the Boise River Greenbelt, Boise State University, and the Boise
Art Museum, providing a dynamic environment for both work and leisure. With its blend of urban amenities and outdoor recreation
opportunities, Boise presents an exciting opportunity for office building investors seeking a dynamic and thriving location.
Call agent for price Guidance.
Seller reserves the right to Accept or Reject any offer.

Property Facts

Price $1,400,000
Price Per Room $93,333
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.71 AC
Building Size 7,033 SF
No. Rooms 15
No. Stories 1
Year Built 1942
Tenancy Single
Parking Ratio 1.71/1,000 SF
Corridor Exterior

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 15 $50.00 -
Bike Score ®
Very Bikeable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R1625501656
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$962,000

zoning

Zoning Code C-2D (The MX-3 district is intended to provide opportunities for office, commercial, institutional, and residential uses.)
C-2D (The MX-3 district is intended to provide opportunities for office, commercial, institutional, and residential uses.)
  • Listing ID: 31142676

  • Date on Market: 3/6/2024

  • Last Updated:

  • Address: 5620 W Fairview Ave, Boise, ID 83706

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