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This Hospitality Property is no longer advertised on LoopNet.com.

1809 N 16th St
Wheatland, WY 82201

Best Western Torchlite · Hospitality Property For Sale · 19,248 SF

Investment Highlights

  • Conveniently situated off I-25, the property enjoys prime visibility with ±7,359 vehicles per day.
  • Wheatland, Wyoming boasts one of the largest rare earth mineral deposits in the world.
  • Due to the recent renovations and increase in market demand, this hotel is up 37% so far in 2024 from 2023 (08/28).
  • With attractive terms and a full seller carry available for qualified investors who can provide a $1,000,000 down payment, this opportunity is ideal.
  • The property recently had a new roof installed and all 50 rooms have been upgraded with new flooring, paint, carpet, and furniture.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.54 AC
Building Size 19,248 SF
No. Stories 2
Year Built/Renovated 1976/2019
Parking Ratio 3.22/1,000 SF
Corridor Exterior

Amenities

  • Business Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Hot Tub

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R0001662
Land Assessment
$1,951
Improvements Assessment
$167,839
Total Assessment
$169,790

zoning

Zoning Code CS (General Business, Highway Commercial)
CS (General Business, Highway Commercial)
  • Listing ID: 33621952

  • Date on Market: 10/24/2024

  • Last Updated:

  • Address: 1809 N 16th St, Wheatland, WY 82201

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