Log In/Sign Up
Your email has been sent.
Super 8 by Wyndham Evanston 1710 Harrison Dr 40 Room Hotel Evanston, WY 82930 $1,800,000 ($45,000/Room)
Investment Highlights
- Priced to sell quick at less than $22k/Unit.
- property performing at 60% RevPar Index.
- Absemtee managed allowing for owner or operator to increase revenues and decrease cost..
Executive Summary
This offering presents two established economy hotels available as a combined sale, priced competitively at $1,800,000. The portfolio includes a Super 8 with 40 keys and an Economy Inn with 42 keys, totaling 82 rooms across two separate parcels. The properties are positioned to deliver strong upside potential for owner-operators or investors seeking to enhance revenue streams through operational improvements.
Recent renovations completed in 2013 ensure updated infrastructure, reducing immediate capital expenditure needs. Currently operating under absentee ownership, the assets offer a compelling opportunity for hands-on management to increase efficiency and profitability. Flexible configuration options allow the future owner to maintain dual branding or reposition and operate each hotel independently, leveraging each property’s individual parcel and dedicated lobby with manager’s quarters.
The hotels are situated on approximately 1.07 acres with on-site parking and standard amenities. Financing solutions, including SBA7a, SBA 504, and conventional options, are available for qualified buyers. Motivated ownership is inviting all offers, making this a rare, attractively priced hospitality investment.
Recent renovations completed in 2013 ensure updated infrastructure, reducing immediate capital expenditure needs. Currently operating under absentee ownership, the assets offer a compelling opportunity for hands-on management to increase efficiency and profitability. Flexible configuration options allow the future owner to maintain dual branding or reposition and operate each hotel independently, leveraging each property’s individual parcel and dedicated lobby with manager’s quarters.
The hotels are situated on approximately 1.07 acres with on-site parking and standard amenities. Financing solutions, including SBA7a, SBA 504, and conventional options, are available for qualified buyers. Motivated ownership is inviting all offers, making this a rare, attractively priced hospitality investment.
Property Facts
| Price | $1,800,000 | Building Size | 14,600 SF |
| Price Per Room | $45,000 | No. Rooms | 40 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1980/2013 |
| Property Subtype | Hotel | Parking Ratio | 2.19/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.53 AC | Opportunity Zone |
Yes
|
| Zoning | L01 - L01 | ||
| Price | $1,800,000 |
| Price Per Room | $45,000 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.53 AC |
| Building Size | 14,600 SF |
| No. Rooms | 40 |
| No. Stories | 2 |
| Year Built/Renovated | 1980/2013 |
| Parking Ratio | 2.19/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | L01 - L01 |
Amenities
- High Speed Internet Access
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 40 | $94.00 | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | R0004071 | Improvements Assessment | $68,413 |
| Land Assessment | $7,964 | Total Assessment | $76,377 |
Property Taxes
Parcel Number
R0004071
Land Assessment
$7,964
Improvements Assessment
$68,413
Total Assessment
$76,377
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Super 8 by Wyndham Evanston | 1710 Harrison Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.