505 2 St Shoshoni, WY 82649
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.