Property profile

766 Main St Bellevue, ID 83313

OFF-MARKET
Motels
Property ID
US27-0480778
7,683 SF 0.74 ac lot
Entity Owned 11-yr Hold Free & Clear
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Property summary

AI-generated overview

This established Bellevue, Idaho motel presents a compelling investment opportunity. The property, located at 766 S Main St, boasts 21 keys spread across three buildings on a 0.74-acre lot (APN: RPB2N18036004A). The main structure houses 15 rooms, while a second building contains 6 rooms, and a third serves as a manager's office and check-in area. Built in 1983 with renovations in various years and a significant update in 2007, the motel offers 7,683 square feet of space. Amenities include ample guest parking, laundry facilities, and a fire pit/BBQ area. The property enjoys excellent visibility on Main Street and consistently maintains low vacancy rates. The asking price is $2,850,000, translating to $370.95 per square foot. The property is zoned for Light Industrial use and is offered as a fee simple ownership. This well-maintained motel is suitable for both short-term and long-term rentals, making it an attractive option for investors seeking a proven, profitable hospitality business in a desirable location. The property's history of success and strong performance make it a prime candidate for continued growth and profitability.

Property profile

Verified
Property type Motels
Use group MOTEL
Total area 7,683 SF
Lot 0.74 ac (32,234 SF)
APN RPB2N18036004A
UPID US27-0480778

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

766 Main St Bellevue, ID 83313-6037
Bellevue metro Census 960102 HAILEY, ID MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$420k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$420k

Owner & transaction history

since 2015
2 recorded transactions
2015
Price N/A
2013
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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