4 Larry Lozier rd - Hospitality FOR SALE


Boulder, WY 82923
$575,000 USD
307-537-3700

NO PHOTO

$575,000 USD
Hospitality - FOR SALE
null | 10% Cap Rate

4 Larry Lozier rd
Boulder, WY 82923


OVERVIEW

Rare value-add investment opportunity in western Wyoming. This motel includes 41 finished guest rooms with 12 additional rooms framed, roofed and drywalled in. Also has 5 RV spaces with additional 5 roughed in with water just needs connected to power. All guest rooms feature private bathrooms. Significant upside exists by reopening additional rooms and increasing occupancy. The property is well suited for an owner-operator, investor, or hospitality group seeking expansion. Conveniently located along a well-traveled corridor serving tourists, outdoor recreation, energy workers, and business travelers just 90 minutes from Jackson Hole and Grand Teton National Park and just 22 miles south of Pinedale. The property offers easy access to the Wind River Range, Bridger-Teton National Forest, world-class fishing, hunting, hiking, skiing, snowmobiling, and the region's energy industry. Eligible for a 1031 exchange. The current owners have intentionally operated only a portion of the available rooms, leaving substantial income growth potential for the next owners.

FOR SALE DETAILS

PRICE

$575,000 USD

PRICE/SF

$52 USD /SF

# OF ROOMS

53

PRICE/ROOM

$10,849 {currency}

CAP RATE

10%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sand Draw Inn LLC

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

undefined, undefined, undefined

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2006

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.69 AC

LAND SF

117,176 SF

ZONING

Hwy Commercial CH-1

APN/PARCEL ID

01-00-10340

ASK ABOUT THIS PROPERTY

Chris HarperHarper MotorsportsMore Info
307-537-3700

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Chris HarperHarper MotorsportsMore Info
307-537-3700

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