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Hotel-Motel

Best Western Torchlite

1809 16th St, Wheatland, WY 82201

Listing Price: $2,850,000

Cap Rate
8.20%
Number of Rooms
50
RevPAR
$59
Gross SF
19,248
Price/Room
$57,000
RRM
2.70
Price/Gross SF
$148.07
Year Built
1976

Investment Overview

-2 Story Turnkey Best Western Hotel
- Recently Renovated in 2024, Eligible for Auto Transfer Program
- Priced at 44K/Key 2.7X RRM- Well Below Replacement Cost of 150K
- Located Along I-25, which sees 20,000 Vehicles Per Day
- 10 Minutes from Laramie River Station (Large Coal Fired Power Plant)
- Located Along I-25, which sees 20,000 Vehicles Per Day
- On Site Manager Unit Included

Investment Highlights

  • 2 Story Turnkey Best Western Hotel
  • Recently Renovated in 2024, Eligible for Auto Transfer Program
  • Priced at 44K/Key 2.7X RRM- Well Below Replacement Cost of 150K
  • Located Along I-25, which sees 20,000 Vehicles Per Day
  • 10 Minutes from Laramie River Station (Large Coal Fired Power Plant)
  • Located Along I-25, which sees 20,000 Vehicles Per Day
  • On Site Manager Unit Included

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s) WY: RE-16571

    Wyoming

Financing By

Hotel-Motel

Best Western Torchlite

Listing Price: $2,850,000

Cap Rate
8.20%
Number of Rooms
50
RevPAR
$59
Gross SF
19,248
Price/Room
$57,000
RRM
2.70
Price/Gross SF
$148.07
Year Built
1976

Investment Highlights

  • 2 Story Turnkey Best Western Hotel
  • Recently Renovated in 2024, Eligible for Auto Transfer Program
  • Priced at 44K/Key 2.7X RRM- Well Below Replacement Cost of 150K
  • Located Along I-25, which sees 20,000 Vehicles Per Day
  • 10 Minutes from Laramie River Station (Large Coal Fired Power Plant)
  • Located Along I-25, which sees 20,000 Vehicles Per Day
  • On Site Manager Unit Included

Investment Overview

-2 Story Turnkey Best Western Hotel - Recently Renovated in 2024, Eligible for Auto Transfer Program - Priced at 44K/Key 2.7X RRM- Well Below Replacement Cost of 150K - Located Along I-25, which sees 20,000 Vehicles Per Day - 10 Minutes from Laramie River Station (Large Coal Fired Power Plant) - Located Along I-25, which sees 20,000 Vehicles Per Day - On Site Manager Unit Included

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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