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    166 Us-20 Thermopolis, WY 82443

    For Sale
    $2,950,000

    Profitable Wyoming Hotel Investment

    Property size:
    27,387 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    Exceptional investment opportunity: a 52-key Quality Inn in Thermopolis, Wyoming, is available for $2,950,000. This two-story, 27,387 square foot hotel, built in 1995, boasts strong performance with occupancy increasing from 40% to 47% between 2018 and 2023. Located at 166 US-20, 82443, this property sits on a 4.76-acre lot in Hot Springs County, a prime tourist destination. The hotel's amenities include a pool, fitness area, patio, and lounge, catering to vacationers, fishermen, and adventurers. Its strategic location provides immediate access to Hot Springs State Park, Boysen State Park, Bighorn River, and Wind River Canyon, attracting both leisure and transient guests. The price per square foot is $107.72. This represents a compelling opportunity to acquire a well-established hotel in a thriving tourist area with proven growth potential. The hotel's interior corridor design and limited-service model contribute to efficient operations. This is a turnkey operation ready for a new owner to capitalize on its established success and further enhance its market position. The property's strong performance history and attractive location make it an ideal addition to any hospitality portfolio.

    Property Features for 166 Us-20

    General Information

    Property type
    Hotels
    Square Feet
    27,387 SF
    Lot Size
    207,346 SF

    Building Details

    Year Built
    1995
    Buildings
    1
    Stories
    2

    HighLights

    • 52‑key, two‑story, limited‑service Quality Inn hotel with interior corridors.
    • Occupancy increased from 40% to 47% between 2018 and 2023.
    • Prime location offering immediate access to Hot Springs State Park, Boysen State Park, Bighorn River, and Wind River Canyon.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hotels

    Map

    City
    Thermopolis
    County
    Hot Springs
    State
    Wyoming
    Longitude
    -108.21958027
    Latitude
    43.62999072

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    FAQs

    What type of property is this?
    Hotel - Profitable Wyoming Hotel Investment
    Where is this hotel located?
    The property is located at 166 Us-20 Thermopolis, WY.
    What is the asking price?
    The asking price for this property is $2,950,000.
    What are key features of this property?
    This property features: 52-key, two-story, limited-service Quality Inn hotel with interior corridors.; Occupancy increased from 40% to 47% between 2018 and 2023.; Prime location offering immediate access to Hot Springs State Park, Boysen State Park, Bighorn River, and Wind River Canyon.
    Request Owner's contact information
    166 Us-20 Thermopolis, WY 82443
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    Thermopolis, WY 82443
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    166 Us-20 Thermopolis, WY 82443
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