$5,000,000
bedrooms
0
bathrooms
0
square feet
0
Acreage
-
Open Houses
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year built
2005
Full Baths
0
Half Baths
0
***Price Reduced!*** Peak Collective Real Estate with KW Commercial is pleased to present for sale the Pinedale Hotel & Suites at 1424 W Pine St, Pinedale WY. The Pinedale Hotel is a 82-key interior corridor hotel with a 9.5% Cap rate. The building is 42,693 square feet and is on 2.31 AC of land. The hotel was built in 2005 and features a heated indoor pool, hot tub, continental breakfast area, fitness center, business center, on-site spa and more. The property also has a 5-year lease for 1,057 SF of restaurant space until 2029 that is 40% of the restaurants net revenue. The restaurant recently acquired a liquor license that will only further bolster the return on investment for the space. The hotel's strategic location, combined with the fact that its one of the only hotels in the area with a restaurant, is likely to attract a steady influx of guests throughout the year, especially during the summer months. Moreover, the ability to host extended stay tenants and provide long-term lodging helps ensure favorable returns on investment for its owners. This property has great value-add potential with unrealized income.
| Location | |
| Subdivision | - |
| County | Sublette |
| Elementary School | - |
| Middle School | - |
| High School | - |
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MLS number: 20244846
Listing agent:
Kody Watts
#RE-15364
Listing broker:
Keller Williams Realty Black Hills/Wyoming
(605) 343-7500
Copyright © 2025 Wyoming Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Wednesday, January 15 2025 at 4:17 p.m. EST
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