5416 W Fairview Ave
- 17-key motel with 2 on-site apartments in a high visibility Fairview Avenue location
- Flexible room mix with 2 three-bedroom units and 2 two-bedroom units
- Caters to families, workforce housing, and extended stay guests
- Main-floor owner/manager apartment featuring 2
- bedrooms, 2 bathrooms, and an attached 2-car garage
- Second on-site apartment with 3 bedrooms and 1 bathroom, ideal for owner occupancy or additional rental income
- Two dedicated storage rooms supporting
- housekeeping and maintenance operations
Property Description
Introducing a rare investment opportunity in Boise, ID! This iconic ±7,593 SF historic motel, built in 1950, with a location just off Interstate 1-84, has been serving daily and weekly guests for over 75 years, offering 17 units and 2 apartments, with potential to expand. Zoned MX-3, this property presents endless possibilities for a hospitality/select service investor. Don't miss the chance to own a piece of local history and capitalize on the thriving hospitality market in Boise.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Hospitality |
| Price: | $2,100,000 |
| No. of Units: | 36 |
| Year Built: | 1950 |
| Lot Size: | 0.72 Acres |
| Opportunity Zone: | No |
| Price per unit: | $58,333 |
| Property Website | Click Here |
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