1801 E Cedar St - Hospitality FOR SALE


Rawlins, WY 82301
$4,500,000 USD
513-300-0763
1801 E Cedar St, Rawlins, WY for Sale
$4,500,000 USD
Hospitality - FOR SALE
1/5
null | 5.59% Cap Rate

1801 E Cedar St
Rawlins, WY 82301


HIGHLIGHTS

  • 131-Rooms in Tourist Market
  • Less than an hour away from Medicine Bow National Forest
  • 45 minutes from the Wyoming Red Desert
  • Consistent Revenues
  • 3.15x Gross Revenue Multiplier

OVERVIEW

• 131-R ooms in Tourist Market • Less than an hour away from Medicine Bow National Forest • 45 minutes from the Wyoming Red Desert • Consistent Revenues • 3.15x Gross Revenue Multiplier CHOICE HOTELS Choice Hotels International is a hospitality company that owns and operates several hotel brands, including EconoLodge. It was founded in 1939 by seven Florida-based motel owners and is headquartered in Rockville, Maryland, USA. Choice Hotels International operates in the lodging and hospitality industry, providing a wide range of accommodation options for travelers, including economy, mid-scale, and upscale hotels. Choice Hotels International is a publicly traded company and is one of the largest hotel franchisors in the world, with thousands of hotels across over 40 countries.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$90 USD /SF

# OF ROOMS

131

PRICE/ROOM

$34,351 {currency}

CAP RATE

5.59%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Econo Lodge - 3.15x Gross Revenue Multiplier

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1972

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.74 AC

LAND SF

119,354 SF

ZONING

C-2

APN/PARCEL ID

R0007463

ASK ABOUT THIS PROPERTY

Brian BrockmanBang RealtyMore Info
513-300-0763

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Brian BrockmanBang RealtyMore Info
513-300-0763

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