166 Us-20 Thermopolis, WY 82443
- Hospitality properties
- 27,387 SF
- 4.76 lot acres
Current Use by Public Records
- Hospitality properties
Property Details for 166 Us-20
- Year built
- 1995
- Lot size
- 4.76 lot acres
- Property size
- 27,387 SF
- Property type
- Hospitality properties
- Property subtype
- Hotels
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Thermopolis
- County
- Hot Springs
- State
- Wyoming
- Longitude
- -108.22
- Latitude
- 43.63
