$1,400,000

405 WINKELMAN AVE, Marbleton, WY 83113, US

Summary

Sq Ft: 21403.00

Moving Quotes

primary photo for 405 WINKELMAN AVE, Marbleton, WY 83113, US

Remarks

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.

Details

MLS#: 21-2323
Price: $1,400,000

Sq Ft: 21403.00

Subdivision: Marbleton
Tax Fee: 5206.38

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Broker Contact


Jackson Hole Sotheby's International Realty
185 W Broadway PO Box 3281
Jackson, WY, 83001
US
Donna Clinton
! (307) 733-9009
! info@JHSIR.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Teton Board of REALTORS®
Last updated: 2021-10-14T19:17:48.000-04:00.
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