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The Sands Motel 1022 W Lincolnway 50 Room Hotel Cheyenne, WY 82001 $3,200,000 ($64,000/Room)

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INVESTMENT HIGHLIGHTS

  • Great Location

EXECUTIVE SUMMARY

The Sands Motel presents an excellent hospitality investment opportunity in Cheyenne, Wyoming, the Capital of Wyoming and a city known as both the Nation’s Rodeo Capital and the Nation’s Railroad Capital.
This well positioned 50 room property is your opportunity to acquire a well located, income producing hospitality property in one of Wyoming’s most dynamic markets.
Property Highlights:
• 50 guestrooms
• Courtyard with BBQ and picnic area
• Prime location at the crossroads of I-80 and I-25
• Established customer base with repeat traffic from business, leisure, and event-driven demand
Cheyenne Market Drivers:
Cheyenne is a growing city with a diverse set of economic and cultural demand generators, including:
Cheyenne Frontier Days – the world’s largest outdoor rodeo and Western celebration
F.E. Warren U.S. Air Force Base – one of the nation’s oldest active military installations
Walmart Distribution Center – a major regional employer and logistics hub
Nation’s Railroad Capital – a long-standing backbone of the city’s economy
World’s Largest Steam Engine – a popular attraction for heritage tourism
Curt Gowdy State Park – outdoor recreation just minutes away
Terry Bison Ranch – year-round family-friendly tourism draw
NCAR–Wyoming Supercomputing Center – world-class research and technology facility
New Large AI Data Center Coming
With its strong location at the junction of I-80 and I-25, steady regional demand, and proximity to major employers and attractions, the Sands Motel is positioned for continued revenue growth under new ownership.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $3,200,000
Price Per Room $64,000
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.70 AC
Building Size 20,100 SF
No. Rooms 50
No. Stories 1
Year Built 1949
Parking Ratio 2.84/1,000 SF
Corridor Exterior
Zoning Commercial

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 9 $85.00 -
Guest Room 41 $52.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-1001-0398-0001-0
Land Assessment
$23,917
Improvements Assessment
$147,924
Total Assessment
$171,841
  • Listing ID: 37600188

  • Date on Market: 9/9/2025

  • Last Updated:

  • Address: 1022 W Lincolnway, Cheyenne, WY 82001

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