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    505 2 St Shoshoni, WY 82649

    Sponsored
    For Sale
    $419,000

    21-Room Motel, High Returns, Wyoming

    Property size:
    9,033 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a 21-room motel located at 505 W 2nd St, Shoshoni, Wyoming, 82649. The property, built in 1993 and renovated in 2018, sits on a substantial 91,040 square foot lot and encompasses 9,033 square feet of building space. The single-story structure includes 21 keys, an office, and manager's quarters, all contributing to its strong operational history. For the past three years, this motel has consistently generated over $60,000 in annual gross income. Priced at $419,000 ($46.39/sq ft and $19,952.38/key), this represents a compelling value proposition for investors seeking a proven, income-producing asset in a thriving area. The property's location and amenities ensure high occupancy rates and excellent returns. This is a turnkey operation ready for a new owner to step in and continue the success. The property offers a stable income stream and significant potential for future growth. Don't miss this chance to acquire a successful, established motel in Shoshoni, Wyoming.

    Property Features for 505 2 St

    General Information

    Property type
    Motels
    Square Feet
    9,033 SF

    Building Details

    Year Renovated
    2018
    Buildings
    1
    Stories
    1

    HighLights

    • $419,000 asking price for a 21‑room motel in Shoshoni, Wyoming.
    • 9,033 square feet on a 91,040 square foot lot.
    • 21 keys, renovated in 2018.
    • $46.39 per square foot, $19,952.38 per key.
    • Located at 505 W 2nd St, Shoshoni, WY 82649.
    Property Profile Location Intelligence

    Current Use by Public Records

    Motels

    Map

    City
    Shoshoni
    County
    Fremont
    State
    Wyoming
    Longitude
    -108.118339
    Latitude
    43.234951

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    FAQs

    What type of property is this?
    Motel - 21-Room Motel, High Returns, Wyoming
    Where is this motel located?
    The property is located at 505 2 St Shoshoni, WY.
    What is the asking price?
    The asking price for this property is $419,000.
    What are key features of this property?
    This property features: $419,000 asking price for a 21-room motel in Shoshoni, Wyoming.; 9,033 square feet on a 91,040 square foot lot.; 21 keys, renovated in 2018.
    Request Owner's contact information
    505 2 St Shoshoni, WY 82649
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    Shoshoni, WY 82649
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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
    505 2 St Shoshoni, WY 82649
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