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339 Wasatch Rd
Evanston, WY 82930
Affordable Inns - Evanston · Hospitality Property For Sale
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138 Rooms
Investment Highlights
- Below-Market Pricing: $1,750,000 total – significantly below replacement cost and typical per-key pricing for ˜ 140-room hotels
- Updated Core Areas: Lobby, restaurant, and bar already refreshed – reduces immediate CapEx
- Value-Add Upside: Reopen, finish the apartment, secure a flag (if desired), rebrand, and stabilize occupancy for strong cash-flow potential
- Opportunity Zone: Located in a designated Opportunity Zone for significant tax-advantaged investment potential
- On-Site Manager’s Apartment: Unfinished unit with high potential to complete – perfect for live-in management, lowering operating expenses
- Highway-Driven Demand: Steady I-80 traffic provides reliable guest base with minimal marketing spend
Property Facts
| Property Type | Hospitality | No. Rooms | 138 |
| Property Subtype | Hotel | No. Stories | 3 |
| Building Class | B | Year Built/Renovated | 1982/2024 |
| Lot Size | 2.72 AC | Parking Ratio | 2.24/1,000 SF |
| Building Size | 62,370 SF | Corridor | Interior |
| Zoning | HB-D - Highway Business-Developing | ||
| 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 | 1982/2024 |
| Parking Ratio | 2.24/1,000 SF |
| Corridor | Interior |
| Zoning | HB-D - Highway Business-Developing |
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 | - |
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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