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Gas Lite Motel 960 N 3rd St 30 Room Hotel Laramie, WY 82072 $1,500,000 ($50,000/Room)
Investment Highlights
- 100% occupancy over the past year
Executive Summary
The Gas Lite is a turnkey 30-room motel on a prime 35,118 sq. ft. lot zoned B-2 for business. High visibility location right off the main drag, with ample parking and solid month-to-month occupancy. Low overhead and reliable cash flow. Each room comes furnished with a bed, hutch, mini-fridge, and microwave. The Gas lite has that timeless log-cabin Wyoming charm that keeps guests coming back from near and far. Many rooms have already had a major refresh: new paint, carpet, fixtures, and appliances. Endless potential whether you keep it running as is or take advantage of the prime location with your own project.
Property Facts
| Price | $1,500,000 | Lot Size | 0.82 AC |
| Price Per Room | $50,000 | Building Size | 32,797 SF |
| Sale Type | Investment | No. Rooms | 30 |
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built | 1950 |
| Building Class | C | Corridor | Interior |
| Zoning | COM | ||
| Price | $1,500,000 |
| Price Per Room | $50,000 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.82 AC |
| Building Size | 32,797 SF |
| No. Rooms | 30 |
| No. Stories | 2 |
| Year Built | 1950 |
| Corridor | Interior |
| Zoning | COM |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 30 | $60.00 | - |
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Walk Score®
Very Walkable (75)
Bike Score®
Biker's Paradise (97)
Property Taxes
| Parcel Number | 05-1673-28-3-92-001.00 | Improvements Assessment | $172,754 |
| Land Assessment | $36,104 | Total Assessment | $208,858 |
Property Taxes
Parcel Number
05-1673-28-3-92-001.00
Land Assessment
$36,104
Improvements Assessment
$172,754
Total Assessment
$208,858
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Presented by
Duane Toro Real Estate
Gas Lite Motel | 960 N 3rd St
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