440 E A St - Hospitality FOR SALE


Casper, WY 82601
$1,100,000 USD
801-948-3783
440 E A St, Casper, WY for Sale
$1,100,000 USD
Hospitality - FOR SALE
1/20
null | 7.75% Cap Rate

440 E A St
Casper, WY 82601


HIGHLIGHTS

  • 39 Keys
  • Great Value Add Opportunity
  • 7.75% CAP Rate
  • 87.53% Occupancy Rate

OVERVIEW

The Royal Inn is a 39-key hotel opportunity in Casper, Wyoming, offering significant upside for investors seeking a value-add hospitality asset with multiple paths to increased returns. Currently operated by an absentee owner, the property may benefit substantially from active management or an owner/operator model, creating the opportunity to improve operations and overall property performance. This independent motel also presents strong potential for rebranding to a branded franchise, which could elevate market presence, attract broader customer demand, and increase revenue potential. For buyers with a longer-term vision, the site may also support redevelopment into a multifamily opportunity, adding an additional layer of value and flexibility. With its existing lodging infrastructure and future repositioning possibilities, The Royal Inn stands out as a versatile investment opportunity in the Casper market.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$73 USD /SF

# OF ROOMS

37

PRICE/ROOM

$29,730 {currency}

CAP RATE

7.75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Royal Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1961

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

Commercial

APN/PARCEL ID

33-79-04-4-0-900800

ASK ABOUT THIS PROPERTY

Kody M. WattsKeller Williams Realty Western TrailsMore Info
801-948-3783

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Kody M. WattsKeller Williams Realty Western TrailsMore Info
801-948-3783

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