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Affordable Inns - Evanston 339 Wasatch Rd 138 Room Hotel Evanston, WY 82930 $1,750,000 ($12,681/Room)
Executive Summary
This is a value-add hotel investment opportunity located off Exit 3 on the I-80 Wyoming corridor near the Utah border. The property is currently vacant and offers significant repositioning potential. It includes updated public spaces such as the lobby, restaurant, and bar, and comes with all FF&E. The site historically operated as a hybrid nightly and extended-stay hotel, making it suitable for multiple repositioning strategies, including rebranding or franchising.
Key investment drivers include its Opportunity Zone designation for tax advantages, strong visibility and access from I-80, and the ability to “flag” the property with a recognized brand. The property also features an unfinished on-site manager’s apartment, ideal for live-in management.
Key investment drivers include its Opportunity Zone designation for tax advantages, strong visibility and access from I-80, and the ability to “flag” the property with a recognized brand. The property also features an unfinished on-site manager’s apartment, ideal for live-in management.
Property Facts
| Price | $1,750,000 | Building Size | 62,370 SF |
| Price Per Room | $12,681 | No. Rooms | 138 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1982/2018 |
| Property Subtype | Hotel | Parking Ratio | 2.24/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 2.72 AC | Opportunity Zone |
Yes
|
| Zoning | C | ||
| Price | $1,750,000 |
| Price Per Room | $12,681 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.72 AC |
| Building Size | 62,370 SF |
| No. Rooms | 138 |
| No. Stories | 3 |
| Year Built/Renovated | 1982/2018 |
| Parking Ratio | 2.24/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | C |
Amenities
- Restaurant
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $115.00 | - |
| Guest Room | 136 | $74.00 | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 15201940400200 | Improvements Assessment | $289,426 |
| Land Assessment | $23,045 | Total Assessment | $312,471 |
Property Taxes
Parcel Number
15201940400200
Land Assessment
$23,045
Improvements Assessment
$289,426
Total Assessment
$312,471
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Affordable Inns - Evanston | 339 Wasatch Rd
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