166 Us-20Thermopolis, WY 82443

For Sale
$2,950,000

Profitable Wyoming Hotel Investment

Overview

Added:
Dec 11, 2024
Days on market:
92
Exceptional investment opportunity: a 52-key Quality Inn in Thermopolis, Wyoming, is available for $2,950,000. This two-story, 27,387 square foot hotel, built in 1995, boasts strong performance with occupancy increasing from 40% to 47% between 2018 and 2023. Located at 166 US-20, 82443, this property sits on a 4.76-acre lot in Hot Springs County, a prime tourist destination. The hotel's amenities include a pool, fitness area, patio, and lounge, catering to vacationers, fishermen, and adventurers. Its strategic location provides immediate access to Hot Springs State Park, Boysen State Park, Bighorn River, and Wind River Canyon, attracting both leisure and transient guests. The price per square foot is $107.72. This represents a compelling opportunity to acquire a well-established hotel in a thriving tourist area with proven growth potential. The hotel's interior corridor design and limited-service model contribute to efficient operations. This is a turnkey operation ready for a new owner to capitalize on its established success and further enhance its market position. The property's strong performance history and attractive location make it an ideal addition to any hospitality portfolio.

Highlights

  • 52-key, two-story, limited-service Quality Inn hotel with interior corridors.
  • Occupancy increased from 40% to 47% between 2018 and 2023.
  • Prime location offering immediate access to Hot Springs State Park, Boysen State Park, Bighorn River, and Wind River Canyon.

Property Details for 166 Us-20

Property type
Other hospitality properties, Hotels
Square Feet
27,387 SF
Year Built
1995
Buildings
1
Stories
2
Lot Size (sq. ft)
207,346 SF

Location Insight

City
Thermopolis
County
Hot Springs
State
Wyoming
Latitude
43.62999072
Longitude
-108.21958027
166 Us-20, Thermopolis, Wyoming

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166 Us-20
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