501 6th St Thermopolis, WY 82443-3007
Property profile & analytics
501 6th St Thermopolis, WY 82443-3007
- Motels
- 6,160 SF
- 0.39 lot acres
Property ID
US95-0122621
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Elk Antler Inn / Hotel & Motel
- Budget Host Elk Antler Inn / Hotel & Motel
Property Details for 501 6th St
- Year built
- 1962
- Lot size
- 0.39 lot acres
- Property size
- 6,160 SF
- Property type
- Motels
- APN
- 42950121800500
- APU
- 42950121800500
Description
This exceptional investment opportunity presents an 18-unit motel situated on a 0.39-acre lot at 501 S 6th Street in Thermopolis, Wyoming, zip code 82443. The Elk Antler Motel boasts a highly visible location on the main highway, offering easy access and high traffic exposure. The property is a well-established landmark in the community. Many recent upgrades and updates have been completed, ensuring the motel is well-maintained and attractive to guests. All rooms are fully furnished with beds, flat-screen televisions, microwaves, air conditioners, and refrigerators. A variety of room types are available, including singles, doubles, triples, and suites, catering to a diverse range of travelers. The motel features a paved parking lot for convenient guest parking. Note that one unit is not yet fully completed. The property's mixed-use zoning allows for the possibility of attached living quarters, making it an ideal owner-operator opportunity. The asking price for this turnkey operation is $649,000. This presents a rare chance to acquire a profitable and established business in a desirable location. The property's strong history and current condition make it an attractive investment for those seeking a stable and potentially high-return venture in the hospitality sector.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Thermopolis
- County
- Hot Springs
- State
- Wyoming
- Longitude
- -108.212
- Latitude
- 43.6413
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$2,651
$7,125
$29,749
$36,874
-
$75,001
$313,140
$388,141
