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Super 8 Rawlins 2338 Wagon Circle St

47 Room Hotel Rawlins, WY 82301 $3,000,000 ($63,830/Room) 13.72% Cap Rate

Investment Highlights

  • Turnkey 2 Story Interior Corridor Branded Hotel
  • 3.8 Miles from the Rawlins Municipal Airport
  • In 2023, Wyoming saw 7.5 Million Tourists, with a $4.7B impact
  • Ideally located off the I-80
  • 1.6 Miles from the Wyoming Frontier Prison Museum

Executive Summary

Marcus & Millichap has been selected to exclusively market for sale the Super 8 by Wyndham in Rawlins, Wyoming. This two-story interior corridor property has 47 rooms and sits on 1.84-acre parcel, and was renovated back in 2020. This property offers free Wi-Fi, complimentary breakfast, on-site guest laundry, and room amenities like flat screen television, coffee and tea maker, pet-friendly options, and free on-site parking.
Conveniently located off I-80, their setting near Carbon County Museum puts you within minutes of the best historic and natural attractions in the area, such as the historic Wyoming Frontier Prison and Carbon County Museum as well as the famous Saratoga Hot Springs and Rawlins Historic downtown, and is 3.8 miles from the Rawlins Municipal Airport.

Property Facts

Price $3,000,000
Price Per Room $63,830
Sale Type Investment
Cap Rate 13.72%
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.84 AC
Building Size 22,247 SF
No. Rooms 47
No. Stories 2
Year Built/Renovated 1991/2022
Parking Ratio 2.83/1,000 SF
Corridor Interior

Amenities

  • Business Center

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 47 $74.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
21871830100300
Land Assessment
$14,968
Improvements Assessment
$64,388
Total Assessment
$79,356

zoning

Zoning Code C-1 (General Commercial Zone)
C-1 (General Commercial Zone)
  • Listing ID: 32881887

  • Date on Market: 8/19/2024

  • Last Updated:

  • Address: 2338 Wagon Circle St, Rawlins, WY 82301

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