Current Use by Public Records
- Hospitality properties
Property Details for 10716 Us-30
- Lot size
- 2.94 lot acres
- Property type
- Hospitality properties
- Property subtype
- Motels
Description
The Valley Hi Motel, a fantastic business opportunity located at 10716 US-30 in Cokeville, Wyoming (zip code 83114), is offered for sale at $600,000. This hospitality property sits on a spacious 2.94-acre lot, providing ample parking and potential for expansion. The motel currently features eleven units: three have been recently updated to two-bedroom suites with kitchens, ideal for long-term leases or Airbnb rentals. The remaining eight rooms present an opportunity for renovation and upgrading. The on-site office has also been converted into a one-bedroom, one-bathroom suite, further enhancing rental income potential. The motel's prime location directly on Highway 30, just 45 miles west of Kemmerer, Wyoming, places it in close proximity to the planned TerraPower Nuclear Plant, promising significant future growth and increased tourism. This presents a unique chance to acquire a well-situated motel with immediate income potential and substantial room for development and expansion. The property's size allows for the addition of further buildings or shop space, catering to the needs of both short-term and long-term guests, as well as potentially supporting the anticipated growth in the area.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cokeville
- County
- Lincoln
- State
- Wyoming
- Longitude
- -110.949
- Latitude
- 42.0834
