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1st Choice Inn - 1904 East Cedar Street 1904 E Cedar St 48 Room Hotel Rawlins, WY 82301 $925,000 ($19,271/Room)

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INVESTMENT HIGHLIGHTS

Positioned directly along the I-80 Business Corridor, a major east-west interstate serving long-haul and regional travelers.
Part of the Economy/Midscale hospitality segment, historically resilient to market fluctuations.
Rated 39 - Car Dependent, emphasizing reliance on highway access for guests.

The Rawlins area has experienced rapid population expansion, with 20%+ growth since 2020 within a 1-3 mile radius.
Recorded owner is N 9 of Rawlins, with true ownership under Leroy Williams of Gillette, WY.

EXECUTIVE SUMMARY

Listed by Michele Realty Inc., The 1st Choice Inn is a 48-room, two-story franchised economy hotel operating under the National 9 brand. Built in 1980, the property sits on a 2.61-acre site (113,692 SF) with C-1 commercial zoning and a FAR of 0.18. Strategically positioned along the I-80 Corridor, the hotel benefits from strong interstate traffic and visibility.
Amenities include high speed internet, public WiFi, and surface parking for 49 vehicles (1.02 per room). The property's central location in Rawlins provides access to local services, regional demand drivers, and consistent transient traffic from I-80.

Sheri Osborne - - Flyer - 1st Choice Inn - Rawlins

PROPERTY FACTS

Price	$925,000	Building Size	20,000 SF
Price Per Room	$19,271	No. Rooms	48
Sale Type	Investment	No. Stories	2
Property Type	Hospitality	Year Built	1980
Property Subtype	Hotel	Parking Ratio	2.45/1,000 SF
Building Class	C	Corridor	Interior
Lot Size	2.61 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	C-1 - General Commercial District

Price	$925,000
Price Per Room	$19,271
Sale Type	Investment
Property Type	Hospitality
Property Subtype	Hotel
Building Class	C
Lot Size	2.61 AC
Building Size	20,000 SF
No. Rooms	48
No. Stories	2
Year Built	1980
Parking Ratio	2.45/1,000 SF
Corridor	Interior
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	C-1 - General Commercial District