109 16th St - Hospitality FOR SALE


Wheatland, WY 82201
$1,100,000 USD
970-819-4948
109 16th St, Wheatland, WY for Sale
$1,100,000 USD
Hospitality - FOR SALE
1/50
null | Request Cap Rate

109 16th St
Wheatland, WY 82201


HIGHLIGHTS

  • Recently branded and PIP complete for Days Inn by Wyndham

OVERVIEW

Turnkey, Recently Renovated Asset The property has completed Wyndham’s “New Dawn” Property Improvement Plan (PIP), with significant capital improvements invested since late 2024, finished mid-2025. Upgrades include new flooring, furniture packages, beds, window treatments, lighting, signage, laundry equipment, technology systems, and exterior enhancements—minimizing near-term capital expenditure for new ownership. Strong National Brand Affiliation Operated under the Days Inn by Wyndham flag, benefiting from Wyndham’s global reservation system, loyalty program, and brand recognition within the economy segment. Prime Interstate 25 Location Highly visible and easily accessible location just off I-25, capturing consistent demand from interstate travelers, business guests, and regional leisure traffic. Attractive Basis & Price Per Key Offered at $1,100,000 ($26,190 per room), providing an appealing price point. Stable Demand Drivers The property serves a diversified mix of highway travelers, local business activity, and regional tourism, supporting consistent year-round occupancy. Opportunity Zone Location Located within a designated Opportunity Zone, offering potential tax advantages for qualified investors. Efficient Physical Layout 42 keys across two stories with exterior corridor access and ample surface parking, allowing for efficient operations and ease of guest access. Limited New Supply Pressure No recently delivered hotel rooms in the immediate submarket, supporting competitive positioning and rate stability. Upside Through Operations & Revenue Management Opportunity for a new owner to optimize pricing, marketing, and cost controls with the freshly renovated property, or to improved efficiency through owner-operation.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$49 USD /SF

# OF ROOMS

42

PRICE/ROOM

$26,190 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Days Inn by Wyndham Wheatland

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1963

PARKING SPACES

43

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,628 SF

ZONING

Commercial

APN/PARCEL ID

R0010318

ASK ABOUT THIS PROPERTY

Dan EmertPrime Investment Properties LLCMore Info
970-819-4948

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Dan EmertPrime Investment Properties LLCMore Info
970-819-4948

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.