- For Sale $5,500,000
- Property Type Hotel / Motel
- Property Size 42,693 SF
- Lot Size 2.31 Acre
- Cap Rate % 9.5
- Additional Rent Contact for pricing
- # of Floors 3
- Year Built 2005
- Date Updated Oct 10, 2024
Peak Collective Real Estate with KW Commercial is pleased to present for sale the Pinedale Hotel & Suites at 1424 W Pine St, Pinedale WY.
The Pinedale Hotel is a 82-key interior corridor hotel with a 9.5% Cap rate. The building is 42,693 SF and is on 2.31 AC of land. The hotel was built in 2005 and features a heated indoor pool, hot tub, continental breakfast area, fitness center, business center, on-site spa and more.
The property also has a 5-year lease for 1,057 SF of restaurant space until 2029 that is 40% of the restaurants net revenue. The restaurant recently acquired a liquor license that will only further bolster the return on investment for the space.
The hotel's strategic location, combined with the fact that its one of the only hotels in the area with a restaurant, is likely to attract a steady influx of guests throughout the year, especially during the summer months.
Moreover, the ability to host extended stay tenants and provide long-term lodging helps ensure favorable returns on investment for its owners. This property has great value-add potential with unrealized income.
Reach out to the broker for more info on lease terms and amenities
Attachments
False
Contacts
Location
Getting Around
-
Walk Score ®
32/100
Car-Dependent
-
Bike Score ®
43/100
Somewhat Bikeable
- City Pinedale, WY
- Zip Code 82941
Points of Interest
-
Conoco
0.26 miles
-
Sinclair
0.35 miles
-
Phillips 66
1.20 miles
-
City of Pinedale
0.61 miles
-
Fremont Overlook Parking
3.07 miles
-
Half Moon Overlook Parking
7.92 miles
-
Kelly Park Parking
8.63 miles
-
Half Moon Trailhead
8.67 miles
-
Upper Winter Parking
9.31 miles
-
Surveyor Park Parking
9.74 miles
-
Hampton Inn
0.25 miles
-
High Country Suites
0.27 miles
-
Quality Inn & Suites
0.38 miles
-
Best Western
0.48 miles
-
Pinedale's Cozy Cabins
0.58 miles
-
Log Cabin Motel
1.09 miles
-
Wallace BNB
1.12 miles
-
Teton Court Motel
1.14 miles
-
Sundance Motel
1.16 miles
-
Gannett Peak Lodge
1.16 miles
-
Old Stones Smokehouse and Country Pizza
0.20 miles
-
Subway
0.35 miles
-
Wind River Brewing Company
0.80 miles
-
Los Cabos
0.95 miles
-
Stockman’s Restaurant
0.95 miles
-
China Gourmet
0.98 miles
-
Patio Grill
1.00 miles
-
Burger Barn
1.63 miles
-
Lakeside Lodge Resort & Marina
3.66 miles
-
Pinedale Elementary School
0.71 miles
-
Pinedale High School
1.16 miles
-
Pinedale Middle School
1.26 miles
-
Children's Discovery Center
1.36 miles
Frequently Asked Questions
The space currently listed for sale at 1424 W Pine St asks for $5,500,000.
1424 W Pine St totals 42,693 square feet.
1424 W Pine St was built in 2005.
Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.
