For Sale
$649,000

501 6Th St Thermopolis, WY 82443

18-Unit Motel, High Visibility, Wyoming

Overview

Added:
Dec 11, 2024
Days on market:
132
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.

Highlights

  • $649,000 asking price.
  • Mixed-use property.
  • 0.39-acre lot.
  • 18-unit motel in Thermopolis, Wyoming.
  • Highly visible location on main highway.
  • Many recent upgrades and updates.

Property Details for 501 6Th St

Property type
Mixed-use properties
Lot Size (sq. ft)
16,988 SF

Location Insight

City
Thermopolis
County
56017
State
Wyoming
Latitude
43.6413331
Longitude
-108.2115504

FAQs

What type of property is this?
Mixed-use property - 18-Unit Motel, High Visibility, Wyoming
Where is the mixed-use property located?
The property is located at 501 6Th St Thermopolis, WY.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: $649,000 asking price.; Mixed-use property.; 0.39-acre lot.
How can I contact the broker?
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501 6Th St
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