for sale

Stardust Motel

410 Pine St | Wallace, ID 83873

Price:
$3,107,000
Number of Rooms:
44
Building Size:
22,000 SF
Year Built:
1962
Renovation Completed:
2022
Hotel Type:
limited service

Investment Highlights

  • 42 unit, two-story, renovated motor lodge
  • Convenient location in downtown Wallace
  • Priced at $72, 255/key
  • Capital expenditures of over $600,000 since 2022

Property Description

The Bowman Post Group of NewGen Advisory is pleased to present for sale the newly renovated Stardust Motel – Wallace, ID. This vintage motor lodge is located in the center of Historic Wallace. Featuring a two story layout with 42 rooms, including a variety of updated guestrooms, and a manager’s unit.

The Stardust Motel – Wallace, ID is steps away from local shops, restaurants, and bars. It is situated 15 minutes from two independent ski resorts, downhill mountain bike parks & home of the world’s largest trail system (Silver Country 1000 Mile Trail System).

Current ownership has invested a significant amount of funds into capital expenditure, including replacing multiple systems, plumbing, electric, and a portion of the roof. The new buyer is poised to capitalize on these renovations, as the revenue has already seen a big increase over historical financials.

Location Description

This historic mining town, where the entire downtown is on the National Register of Historic Places, offers a unique blend of rugged charm and outdoor adventure. Explore fascinating mining history or bike the breathtaking Route of the Hiawatha. Visitors can embrace the quirky, welcoming atmosphere of a town that proudly declares itself “The Center of the Universe.” From its vintage architecture to its lively local scene, Wallace promises an unforgettable experience.

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Click the “Complete Confidentiality Agreement” button below to access the due diligence files. After you submit the CA form, you will receive an automated email with links to the due diligence files and offering memorandum. 

Andrew Post
Senior Vice President
ID #DB48685
(602) 648-2700
Stardust-Motel-Wallace-ID@newgenadv.com

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