101 Baker St

109-room hotel with one manager’s apartment.

Approximately 50% of the rooms are set up as traditional hotel rooms, with the other 50% configured for student housing, providing multiple revenue opportunities.

Located just minutes from the University of Idaho, benefiting from consistent demand from students, university visitors, families, and contractors.

Property was renovated in 2020, including new flooring in approximately 50 rooms, new soft goods throughout, and new Motel 6-spec case goods.

Approximately 40 rooms were upgraded with a second sink and small kitchenette counter, making them well-suited for extended stays and student housing.

The hotel was operating as student housing from 2023-2026.

The existing dorm-style furniture remains in the student housing rooms, with the remaining furniture stored on-site in containers, giving a buyer additional operational flexibility.

New electronic door lock system installed in 2024.

New on-demand boiler system installed in 2025.

2021-2022 Average Cap Rate: 16.62%