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Rodeway Inn Buffalo 610 E Hart St 27 Room Hotel Buffalo, WY 82834 $1,375,000 ($50,926/Room) 9.75% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Ranked 11th in the nation for Rodeway Inn - Guest Satisfaction Awards Ranking
  • Approximately halfway between Yellowstone National Park and Mount Rushmore; a natural stopover for tourists.
  • Offered at a 9.75% CAP rate
  • Positioned at the intersection of I-25 and I-90, offering high visibility and convenient access for regional travelers.
  • 3BR/2BA Owner's Home included
  • New roof in 2021

EXECUTIVE SUMMARY

The Rodeway Inn in Buffalo, Wyoming, is a well-maintained exterior corridor motel conveniently located near I-25 and I-90. It provides easy access for travelers, outdoor enthusiasts, and visitors exploring the Bighorn Mountains. This budget-friendly hotel offers comfortable accommodations, featuring premium bedding, microwaves, refrigerators, and select rooms with kitchenettes for extended stays. Guests can enjoy complimentary Wi-Fi, free parking, an outdoor pool, and convenient access to local attractions, including historic downtown Buffalo, the Jim Gatchell Memorial Museum, and nearby outdoor recreation areas. With stable revenue potential and strong demand for hospitality in the region, this property presents an excellent opportunity for investors looking to expand or enter the Wyoming hospitality market.

ATTACHMENTS

Brochure 3_28_25

PROPERTY FACTS Under Contract

Price $1,375,000
Price Per Room $50,926
Sale Type Investment
Cap Rate 9.75%
Sale Condition Business Value Included
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.32 AC
Building Size 15,000 SF
No. Rooms 27
No. Stories 1
Year Built/Renovated 1970/2014
Parking Ratio 1.52/1,000 SF
Corridor Exterior
Zoning CI

AMENITIES

  • Business Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free

ABOUT 610 E HART ST , BUFFALO, WY 82834

The Rodeway Inn in Buffalo, Wyoming, is a well-positioned hospitality investment situated at the junction of Interstates 25 and 90—two major transportation corridors that connect travelers throughout the region. This strategic location places the property halfway between Yellowstone National Park and Mount Rushmore, making it a natural stopover for tourists exploring the Mountain West. The town’s location along these key routes ensures steady visitor traffic and consistent demand for lodging year-round. Buffalo, located in Johnson County, serves as a gateway to the scenic Bighorn Mountains and offers a unique blend of outdoor adventure, western heritage, and small-town charm. The area attracts a diverse mix of travelers, including nature enthusiasts, history buffs, and business visitors. Guests enjoy easy access to cultural attractions like the Jim Gatchell Memorial Museum, which highlights the region’s frontier history, and the Fort Phil Kearny Historic Site, a prominent landmark from the Indian Wars era. Outdoor recreation is abundant in the nearby Bighorn National Forest, offering hiking, fishing, camping, and wildlife viewing across a vast natural landscape. A variety of dining and entertainment options complements the town’s historic charm. A notable spot is the Occidental Saloon, a restored Western saloon featuring live music and classic American fare. With its unmatched location, regional significance, and surrounding attractions, Buffalo presents strong fundamentals for hospitality investment. The Rodeway Inn stands as an appealing opportunity for buyers seeking a well-located asset in a high-traffic corridor with enduring traveler demand.

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 27 $86.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
51822642100100
Land Assessment
$14,317
Improvements Assessment
$54,691
Total Assessment
$69,008
  • Listing ID: 35316672

  • Date on Market: 3/31/2025

  • Last Updated:

  • Address: 610 E Hart St, Buffalo, WY 82834

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