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Rawlins Motor Inn 905 W Spruce St

28 Room Hotel Rawlins, WY 82301 $485,000 ($17,321/Room)

Executive Summary

Land included! 0.20 acres to be included with the sale of hotel! Land is located right next to hotel, 909 W Spruce Street. The Rawlins Motor Inn, located in Rawlins, Wyoming, is a property with 28 rooms and one owner's unit. Spanning across 10,533 acres on 0.6 acres of land, this property presents itself as an appealing opportunity for investors seeking a challenge. The town's charm adds to the potential of the property, making it an attractive option for those looking to capitalize on the possibilities it offers. With a sizable number of rooms and additional features like an owner's unit, the Rawlins Motor Inn could be explored for various purposes within the hospitality or real estate industry.

Data Room Click Here to Access

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts Under Contract

Price $485,000
Price Per Room $17,321
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.79 AC
Building Size 10,533 SF
No. Rooms 28
No. Stories 2
Year Built 1947
Parking Ratio 2.75/1,000 SF
Corridor Interior

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 28 $45.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • R0008945
  • 21871731700500
Land Assessment
$11,721 (2024)
Improvements Assessment
$23,309 (2024)
Total Assessment
$35,030 (2024)

zoning

Zoning Code C-2 (Commercial Transitional)
C-2 (Commercial Transitional)
  • Listing ID: 30648868

  • Date on Market: 1/12/2024

  • Last Updated:

  • Address: 905 W Spruce St, Rawlins, WY 82301

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