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    Address Not Published

    Marbleton, WY 83113
    • $1,400,000
    • STATUS: Active
    • ON SITE: 28 days
    • MLS #: 21-2323
    UPDATED: 66 min ago
    $1,400,000
    • 0
      BEDS
    • 1.93
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 21,403
      SQFT
    • $65
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Unbelievable opportunity to own this iconic hotel and restaurant in Marbleton Wyoming. Family owned and operated since 1982, this 34 room hotel has been lovingly cared-for and improved over the years. In addition to the hotel, this business comes with a full-service restaurant with up-to-date kitchen and a full liquor license. Restaurant closed last year due to COVID, but has always been a bustling part of the community. Spacious apartment is attached to the hotel and is perfect for staff or owner. Owner has reinvested over $500k in the last 10 years to update the property. Cap rate estimated at 8.5% without restaurant revenues. So much upside to this business and possibilities galore! This is a perfect 1031 exchange opportunity for anyone looking for a high CAP rate.

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    Listing information © 2021 Teton Board of Realtors MLS. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or West Group Real Estate. Data last updated: 2021-07-29T18:02:08.983.
    www.tetonpropertysearch.com/homes/118869845
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    Address Not Published Marbleton, WY 83113

    • Price: $1,400,000
    • Status: Active
    • Updated: 66 min ago
    • MLS #: 21-2323
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.93
    Acres
    21,403
    SQFT
    $65
    $/SQFT
    Neighborhood:
    Marbleton
    County:
    Sublette
    Area:
    14A - So Sublette County & So Lincoln County
    Property Description
    Unbelievable opportunity to own this iconic hotel and restaurant in Marbleton Wyoming. Family owned and operated since 1982, this 34 room hotel has been lovingly cared-for and improved over the years. In addition to the hotel, this business comes with a full-service restaurant with up-to-date kitchen and a full liquor license. Restaurant closed last year due to COVID, but has always been a bustling part of the community. Spacious apartment is attached to the hotel and is perfect for staff or owner. Owner has reinvested over $500k in the last 10 years to update the property. Cap rate estimated at 8.5% without restaurant revenues. So much upside to this business and possibilities galore! This is a perfect 1031 exchange opportunity for anyone looking for a high CAP rate.
    Exterior Features

    Construction Stick Exterior StoneStucco Location Inventory Inc.Liquor License Inc.Street Frontage Roof Comp Shingle

    Interior Features

    Cooling Wall Air Unit Heating Heat Pump Sq Ft Total 21403.00

    Property Features

    Agent Is Owner No Annual Association Fee 0.00 Business Type Lodging Category Business Op W/Re Documents FlyerLegal DescriptionMisc DocumentsProperty Disclosure Finance Data Available Balance SheetBldg Vacancy FactorCash Flow StatementNet Operating IncomeOperating ExpensesP&L Statement Flood Zone Out Horses Allowed YN No Lease Transferable N Possession Upon Recording Sewer Public Tax Year 2020 Taxes 5206.38 Water Public Zoning Commercial


    Listing information © 2021 Teton Board of Realtors MLS.
    Listing provided courtesy of Lori Reiland of Jackson Hole Sotheby's International Realty.



    Listing information © 2021 Teton Board of Realtors MLS. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or West Group Real Estate. Data last updated: 2021-07-29T18:02:08.983.
     
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    West Group Real Estate
    P.O. Box 362
    Victor ID, 83455