505 2 St Shoshoni, WY 82649
- Hospitality properties
- 9,033 SF
Current Use by Public Records
- Hospitality properties
Property Details for 505 2 St
- Property size
- 9,033 SF
- Property type
- Hospitality properties
- Property subtype
- Motels
Description
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.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Shoshoni
- County
- Fremont
- State
- Wyoming
- Longitude
- -108.118
- Latitude
- 43.235