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Hotel-Motel

Motel 6 & Studio 6 Casper (Dual Brand)

1150 Wilkins Cir, Casper, WY 82601

Listing Price: $5,900,000

Cap Rate
11.10%
Number of Rooms
112
RevPAR
$36
Gross SF
26,186
Price/Room
$52,679
Price/Gross SF
$225.31
Year Built
1983

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Motel 6 & Studio 6 Casper, a dual branded property located just off the I-25 in Casper, Wyoming. This property contains 112 recently renovated rooms with in room features including a work desk, microwave, refrigerator and common area amenities including outdoor swimming, free breakfast, and Wi-Fi. The Motel 6 contains 72 rooms and the Studio 6 is comprised of 40 extended stay rooms with kitchenettes.

Motel 6 & Studio 6 Casper benefits from the transient demand on I-25, which is the main interstate running from Denver north through Wyoming and into Montana. The property also benefits from the big game hunting in the area as well as the prominent farming and ranching surrounding community.

Investment Highlights

  • Turnkey dual branded hotel – 40 rooms include kitchenettes
  • Recently renovated in 2022 – New PTAC's, cabinets, flooring, exterior signage, paint, etc.
  • Ideally located off the I-25
  • 8.4 Miles from the Casper International Airport
  • 1 Mile from Ford Wyoming Center
  • In 2023, Wyoming saw 7.5 million tourists, with a $4.7B impact

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s) WY: RE-16571

    Wyoming

Financing By

Hotel-Motel

Motel 6 & Studio 6 Casper (Dual Brand)

Listing Price: $5,900,000

Cap Rate
11.10%
Number of Rooms
112
RevPAR
$36
Gross SF
26,186
Price/Room
$52,679
Price/Gross SF
$225.31
Year Built
1983

Investment Highlights

  • Turnkey dual branded hotel – 40 rooms include kitchenettes
  • Recently renovated in 2022 – New PTAC's, cabinets, flooring, exterior signage, paint, etc.
  • Ideally located off the I-25
  • 8.4 Miles from the Casper International Airport
  • 1 Mile from Ford Wyoming Center
  • In 2023, Wyoming saw 7.5 million tourists, with a $4.7B impact

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Motel 6 & Studio 6 Casper, a dual branded property located just off the I-25 in Casper, Wyoming. This property contains 112 recently renovated rooms with in room features including a work desk, microwave, refrigerator and common area amenities including outdoor swimming, free breakfast, and Wi-Fi. The Motel 6 contains 72 rooms and the Studio 6 is comprised of 40 extended stay rooms with kitchenettes. Motel 6 & Studio 6 Casper benefits from the transient demand on I-25, which is the main interstate running from Denver north through Wyoming and into Montana. The property also benefits from the big game hunting in the area as well as the prominent farming and ranching surrounding community.

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s): WY: RE-16571

    Wyoming

Financing By

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