This fee-simple hotel property in Rock Springs, Wyoming, presents a compelling investment opportunity. The Cody Motel boasts 39 units, ranging from one to three bedrooms, with select units featuring kitchenettes. Two additional rental houses, one a 2-bedroom, 1-bathroom (680 sq ft) and the other a 2-bedroom, 1.5-bathroom (1291 sq ft), provide supplemental income streams. A manager's unit, offering 2 bedrooms and 2.5 bathrooms, is also included. Guest amenities include on-site laundry facilities with vending machines and modern conveniences such as cable TV, flat-screen TVs, microwaves, refrigerators, Wi-Fi, and 24-hour automated phones. The property features excellent street visibility and frontage, ensuring easy access for guests. The motel sits on a 35,816 sq ft lot and comprises ten single-story buildings with a total square footage of approximately 12,000 sq ft (individual building sizes vary). The property benefits from a new roof (installed 5+ years ago), asphalt resealing (2020), and stucco (installed 17+ years ago). Its central location in Rock Springs' business district offers proximity to eateries, schools, and tourist attractions, as well as easy access to energy sector projects. The property has demonstrated a consistent revenue history, with reported revenues exceeding $300,000 annually in recent years (specific figures available upon request). The asking price is $1,050,000, representing a price per key of approximately $26,923. The property is zoned C134. This presents a strong opportunity for owner-users or investors seeking a well-established hospitality business in a growing area.
Highlights
$1,050,000 asking price for a 39-unit motel in Rock Springs, Wyoming.
The property includes 39 units ranging from one to three bedrooms, some with kitchenettes.
Two additional rental houses are included: a 2-bedroom/1-bath (680 sq ft) and a 2-bedroom/1.5-bath (1291 sq ft).
A manager's unit with 2 bedrooms and 2.5 baths is on-site.
Guest laundry facilities with vending machines are available.
Modern amenities include cable TV, flat-screen TVs, microwaves, refrigerators, Wi-Fi, and 24-hour automated phones.
Hospitality property - 39-key hotel, strong revenue history.
Where is the hospitality property located?
The property is located at 75 Center St Rock Springs, WY.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: $1,050,000 asking price for a 39-unit motel in Rock Springs, Wyoming.; The property includes 39 units ranging from one to three bedrooms, some with kitchenettes.; Two additional rental houses are included: a 2-bedroom/1-bath (680 sq ft) and a 2-bedroom/1.5-bath (1291 sq ft).
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Contacts
Jody Hazen Holland
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Center St Rock Springs, WY 82901
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Center St Rock Springs, WY 82901
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75 Center St
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