Off MarketSelect-Service Hotel
Log Wagon Inn
Wickenburg, Arizona 85390
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1 / 5
Asking Price
$1,400,000
Cap Rate
9%
Guest Rooms
14
Occupancy
72%
Property Overview
The Log Wagon Inn is a charming 14-room independent property located in historic Wickenburg, Arizona. Known as the "Dude Ranch Capital of the World," Wickenburg attracts visitors seeking authentic Western experiences and outdoor recreation.
This intimate property was built in 1978 and underwent renovations in 2019, updating guest rooms while maintaining its distinctive character. The Log Wagon Inn benefits from Wickenburg's strong leisure tourism market and proximity to Phoenix metro area visitors.
At $1,400,000, this property offers an excellent opportunity for owner-operators or investors seeking a boutique asset in a unique Arizona market. The small room count allows for hands-on management and personalized guest service.
Property Highlights
14 guest rooms
Independent boutique property
Renovated in 2019
Historic Wickenburg location
Outdoor pool and courtyard
Free WiFi and parking
Financial Summary
Asking Price
$1,400,000
Cap Rate
9%
Net Operating Income
$126,000
Average Daily Rate
$95
RevPAR
$68.40
Occupancy Rate
72%
Property Details
Property Type
Select-Service Hotel
Brand / Flag
Independent
Guest Rooms
14
Floors
1
Year Built
1978
Last Renovated
2019
Asking Price
$1,400,000
9% Cap Rate · 14 Rooms
Founder of Gallegos & Associates Real Estate, Inc. with 35+ years specializing in hotel/motel brokerage. Masters in Business Management with focus on Hotel Management and Accounting.
120
Deals Closed
$3.2B
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