1424 W Pine Street Pinedale, WY 82941
Other
MLS #: 20244846
Courtesy Of Keller Williams Realty Black Hills/Wyoming
Property InformationDescription
***Second Price Reduction!*** The Pinedale Hotel is a 82-key interior corridor hotel with a 11.71% Cap rate. The building is 42,693 SF 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. See offering memorandum for more details.
Features
- Age: 11-20 Years Old
- Amenities: Security System
- Architecture Style: Other
- Cooling System: Window Unit(s)
- Heating System: Electric (Heating)
- MLSID: 20244846
- Roof Type: Asphalt
- Roof Type: Fiberglass
MAP & DIRECTIONS
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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
