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Browse More Listings in Hotel & Motel For Sale, Buffalo, WY or Wyoming

Hotel / Motel For Sale

Major Franchised Motel

22 W. Hwy 16, Buffalo, WY 82834

Price:
$3,450,000
No. Rooms:
62
Building Size:
29,040 SF
Price/Room:
$55,645.16
Property Type:
Hotel & Motel
Property Sub-type:
Economy/ Limited Service
Property Use Type:
Investment
Cap Rate:
15%
Average Daily Rate:
$85
Average Occupancy:
59%
Corridor:
Yes
Lot Size:
86,249 SF
Find Out More...

Last Verified 11/2/2009 Listing ID 15979009

Description

This property has consistently been a high performer. An expansion in 2007 added 22 rooms, a meeting room, an exercise room and an indoor pool, which has greatly enhanced the revenue. The location is excellent, alongside Interstate 25 and on the road for travelers from Interstate 90 to come into Buffalo.

NOTE: Address given is not correct - please contact Broker for correct address and franchise name. Include telephone number for registering to speed response.

The motel is located right at the main exit for Buffalo from Interstate 25 at exit 299. Other lodging, food, and retail services are all located in near proximity to the motel. Buffalo is situated at the base of the Big Horn Mountains, the start of the Rocky Mountain chain, making it a natural stopping point for leisure and business travelers.

Map of 22 W. Hwy 16, Buffalo, WY 82834 (Johnson County)

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Pat Green (307) 686-6360

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Created 11/7/2008

Additional Information for 22 Us 16, Buffalo, WY 82834

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Hotel & Motel Property For Sale - Major Franchised Motel

22 W. Hwy 16, Buffalo, WY, 82834