Property profile

1900 Lincolnway Cheyenne, WY 82001

OFF-MARKET
Motels
Property ID
US95-0310110
15,303 SF 1.94 ac lot Built 1987
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Exceptional opportunity to acquire a well-established 60-key Super 8 by Wyndham hotel in Cheyenne, Wyoming. This profitable hospitality asset boasts 22,094 square feet on a 1.94-acre lot, strategically located at 1900 W Lincolnway, Cheyenne, WY 82001. Built in 1978, the single-building property benefits from high visibility near the intersection of I-25 and I-80, providing easy access to downtown Cheyenne, state government offices, and numerous local businesses. Cheyenne's thriving tourism sector, coupled with its robust business community and regional events, ensures consistent occupancy and revenue generation. This presents a compelling investment opportunity in a dynamic and growing city, offering significant potential for future growth and value appreciation. The property's strong performance history, combined with its prime location and established brand recognition, makes it an attractive addition to any hospitality portfolio. This turnkey operation is ready for a new owner to capitalize on its existing success and further enhance its market position. The asking price is $5,400,000.

Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1987
Total area 15,303 SF
Lot 1.94 ac (84,616 SF)
APN 17690000100010
UPID US95-0310110

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

1900 Lincolnway Cheyenne, WY 82001-3316
Cheyenne metro Census 702 CHEYENNE, WY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$480k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$480k

Owner & transaction history

since 2025
7 recorded transactions
2025
Price N/A
2023
Price N/A
2020
Price N/A
2018
Price N/A
2018
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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