1424 W Pine Street, Pinedale, WY 82941

Other
THB ฿152,138,250
USD $4,500,000
Published on: 26 Sep 2024
Last updated on: 26 Feb 2025
1424 W Pine Street, Pinedale, WY 82941
1424 W Pine Street, Pinedale, WY 82941
1424 W Pine Street, Pinedale, WY 82941
+50
1424 W Pine Street, Pinedale, WY 82941
  • 50
Property ID: 110094794448
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Hotel/Motel - Pinedale, WY

1424 W Pine Street, Pinedale, WY 82941
***Second Price Reduction!*** Peak Collective Real Estate with KW Commercial is pleased to present for sale the Pinedale Hotel & Suites at 1424 W Pine St, Pinedale WY.  The Pinedale Hotel is a 82-key interior corridor hotel with a 11.71% Cap rate. The building is 42,693 square feet and is on 2.31 AC of land. The hotel was built in 2005 and features a heated indoor pool, hot tub, continental breakfast area, fitness center, business center, on-site spa and more.   The property also has a 5-year lease for 1,057 SF of restaurant space until 2029 that is 40% of the restaurants net revenue. The restaurant recently acquired a liquor license that will only further bolster the return on investment for the space.    The hotel's strategic location, combined with the fact that its one of the only hotels in the area with a restaurant, is likely to attract a steady influx of guests throughout the year, especially during the summer months.   Moreover, the ability to host extended stay tenants and provide long-term lodging helps ensure favorable returns on investment for its owners. This property has great value-add potential with unrealized income.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Year Built
2005
Architecture Style
Other
County
Sublette
Provider
Wyoming Multiple Listing Service
Brokerage Office Name
Keller Williams Realty Black Hills/Wyoming
Brokerage Office Phone
(605) 343-7500
Neighbourhoods
SUBLETTE COUNTY
Address
1424 W Pine Street, Pinedale, WY 82941

Tax History

YearTax amount
2023USD $27058THB ฿914,790*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither thinkofliving.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. thinkofliving.com recommends that you independently verify any information before relying on it.

Contact Agent
Kody Watts
Keller Williams Realty Western Trails
907 N. Poplar, Suite 232, Casper, WY 82601
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Kody Watts
907 N. Poplar, Suite 232, Casper, WY 82601
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      Property ID: 110094794448

      Data provided by Wyoming Multiple Listing Service, MLS #: 20244846
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