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Royal Inn 440 E A St 37 Room Hotel Casper, WY 82601 $1,100,000 ($29,730/Room) 7.75% Cap Rate
Investment Highlights
- 39 Keys
- 7.75% CAP Rate
- Great Value Add Opportunity
- 87.53% Occupancy Rate
Executive Summary
The Royal Inn is a 39-key hotel opportunity in Casper, Wyoming, offering significant upside for investors seeking a value-add hospitality asset with multiple paths to increased returns.
Currently operated by an absentee owner, the property may benefit substantially from active management or an owner/operator model, creating the opportunity to improve operations and overall property performance.
This independent motel also presents strong potential for rebranding to a branded franchise, which could elevate market presence, attract broader customer demand, and increase revenue potential.
For buyers with a longer-term vision, the site may also support redevelopment into a multifamily opportunity, adding an additional layer of value and flexibility.
With its existing lodging infrastructure and future repositioning possibilities, The Royal Inn stands out as a versatile investment opportunity in the Casper market.
Currently operated by an absentee owner, the property may benefit substantially from active management or an owner/operator model, creating the opportunity to improve operations and overall property performance.
This independent motel also presents strong potential for rebranding to a branded franchise, which could elevate market presence, attract broader customer demand, and increase revenue potential.
For buyers with a longer-term vision, the site may also support redevelopment into a multifamily opportunity, adding an additional layer of value and flexibility.
With its existing lodging infrastructure and future repositioning possibilities, The Royal Inn stands out as a versatile investment opportunity in the Casper market.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
Property Facts
| Price | $1,100,000 | Building Size | 12,948 SF |
| Price Per Room | $29,730 | No. Rooms | 37 |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 7.75% | Year Built/Renovated | 1961/2017 |
| Property Type | Hospitality | Parking Ratio | 2.32/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.51 AC | ||
| Zoning | Commercial - Commercial Zoning | ||
| Price | $1,100,000 |
| Price Per Room | $29,730 |
| Sale Type | Investment |
| Cap Rate | 7.75% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.51 AC |
| Building Size | 12,948 SF |
| No. Rooms | 37 |
| No. Stories | 2 |
| Year Built/Renovated | 1961/2017 |
| Parking Ratio | 2.32/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | Commercial - Commercial Zoning |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 37 | $44.00 | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 33-79-04-4-0-900800 | Improvements Assessment | $60,983 |
| Land Assessment | $10,918 | Total Assessment | $71,901 |
Property Taxes
Parcel Number
33-79-04-4-0-900800
Land Assessment
$10,918
Improvements Assessment
$60,983
Total Assessment
$71,901
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Royal Inn | 440 E A St
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