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Property profile & analytics
OFF-MARKET
Motels

1915 Spruce St Rawlins, WY 82301-5123

3,770 SF 0.68 ac lot Built 1954
Entity Owned Free & Clear
Property ID
US95-0060237
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Motels
Use group MOTEL
Year built 1954
Total area 3,770 SF
Lot 0.68 ac (29,425 SF)
APN 21871840700500
UPID US95-0060237
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Motel 7 Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
SHIV
SHIV
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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