1915 Spruce St Rawlins, WY 82301-5123
- Motels
- 3,770 SF
- 0.68 lot acres
Current Use by Public Records
- Motel 7 / Motel / Hotel
Property Details for 1915 Spruce St
- Year built
- 1954
- Lot size
- 0.68 lot acres
- Property size
- 3,770 SF
- Property type
- Motels
- APN
- 21871840700500
- APU
- 21871840700500
Description
This established 31-key hotel, Motel 7 Rawlins, presents a compelling investment opportunity in Carbon County, Wyoming. Located at 1915 W Spruce St, Rawlins, WY 82301, this two-story property boasts a strong, loyal commercial business base, ensuring consistent occupancy. Built in 1954, the hotel offers a manager's apartment, providing on-site management convenience. The asking price is $625,000. This turnkey operation is situated in a prime location within Rawlins, offering easy access to local businesses and amenities. The property's 31 rooms provide ample capacity for guests, and its established clientele ensures a steady income stream. The hotel's history and location make it an attractive prospect for investors seeking a stable and profitable hospitality venture in a growing Wyoming market. This is a rare opportunity to acquire a well-established hotel with a proven track record in a desirable location. The inclusion of a manager's apartment adds to the property's overall value and operational efficiency. Serious inquiries are encouraged.
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
- Rawlins
- County
- Carbon
- State
- Wyoming
- Longitude
- -107.259
- Latitude
- 41.7869
