10763 US Highway 30 - Hospitality FOR SALE


Cokeville, WY 83114
$1,390,000 USD
208-339-3200
10763 US Highway 30, Cokeville, WY for Sale
$1,390,000 USD
Hospitality - FOR SALE
1/62
null | 7.5% Cap Rate

10763 US Highway 30
Cokeville, WY 83114


OVERVIEW

The Hideout is located in the quaint community of Cokeville Wyoming about halfway between Salt Lake City Utah and Jackson Hole WY, Wyoming with Yellowstone National Park just a bit further north. Travelers use Highway 30 for both business and pleasure—whether one is taking a chill motorcycle ride or eventually wandering to nearby summer hotspot—Bear Lake. The Hideout Motel serves as the only lodging along this route for many miles. This gem of a property has recently been polished with many functional and cosmetic updates. Fifteen clean and appealing rooms are made available to guests as a stopover or often as a destination for the community's many outdoor recreational opportunities, including a nearby ski resort, public fishing holes, and vast backcountry to explore. in an ORV, truck, or on horseback. This location ensures steady occupancy throughout each season of the year. The owners/managers home is situated in the middle of the property and features four bedrooms and two bathrooms. Conveniently located adjacent to and above the office. Large 3-car garage that can be utilized for storage. The Hideout also offers several RV spots for additional income opportunities. Potential buyers will be happy to see the impressive occupancy rates and increasing revenue that this business provides. Truly impressive feedback and reviews will be the foundation of your new and growing business. Please contact the listing broker for additional information or a private tour to qualified buyers.

FOR SALE DETAILS

PRICE

$1,390,000 USD

PRICE/SF

$132 USD /SF

# OF ROOMS

15

PRICE/ROOM

$92,667 {currency}

CAP RATE

7.5%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hideout Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1979

PARKING SPACES

56

LAND DETAILS

LAND ACRES

1.62 AC

LAND SF

70,644 SF

ZONING

C

APN/PARCEL ID

2419-054-07-200.00

ASK ABOUT THIS PROPERTY

Ryan OlsenMountain Retreat Real Estate LLCMore Info
208-339-3200

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Ryan OlsenMountain Retreat Real Estate LLCMore Info
208-339-3200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.