$1,400,000
Marbleton, WY 83113
MLS# 21-2323
Status: Closed
21403 sqft
1 / 32
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.
Details
Maps
Listing Information
Non-Public: No
Current Price: $1,400,000
Listing Price: 1400000
Status: Closed
Effective Date: 2021-06-29
Property Info
Realtor.com Type: Commercial
Category: Business Op w/RE
Acres: 1.93
Space Avail. SqFt: 21403
Stories: 2
Horses Allowed: No
Main House SqFt: 21403
Location, Tax & Legal
Common Name: Marbleton Inn
Zoning: Commercial
Flood Zone: Out
Ann. Assn Fee $: 0
Taxes: 5206.38
Tax Year: 2020
Legal Description: MARBLETON, BLK, 19, LOTS1-24(PT)
Possession: Upon Recording
Number: 405
Street: WINKELMAN
Street Suffix: Avenue
County: Sublette
State: WY
Zip Code: 83113
Area: 14A - So Sublette County & So Lincoln County
Subdivision: Marbleton
Compensation and Showing Info
Agent Owned: N
Status Change Information
Seller Concessions: No
Under Cont. Date: 2021-10-14
Sold Date: 2021-11-30
Water
Public: 1
Sewer
Public: 1
Miscellaneous
Transferable Lease: N
Construction
Stick: 1
Exterior
Stone: 1
Stucco: 1
Comm/Loc Details
Inventory Inc.: 1
Liquor License Inc.: 1
Street Frontage: 1
Roof
Comp Shingle: 1
Air Conditioning
Wall Air Unit: 1
Heat
Heat Pump: 1
Financial Data Avail
Balance Sheet: 1
P&L Statement: 1
Cash Flow Statement: 1
Operating Expenses: 1
Net Operating Income: 1
Bldg Vacancy Factor: 1
Documents
Flyer: 1
Legal Description: 1
Misc Documents: 1
Property Disclosure: 1
Marketing Name
MarketName1: Marbleton Inn
Property Features
Water: Public
Sewer: Public
Construction: Stick
Exterior: Stone; Stucco
Roof: Comp Shingle
Air Conditioning: Wall Air Unit
Heat: Heat Pump
Financial Data Avail: Balance Sheet; P&L Statement; Cash Flow Statement; Operating Expenses; Net Operating Income; Bldg Vacancy Factor
Documents: Flyer; Legal Description; Misc Documents; Property Disclosure
Listing Office: Jackson Hole Sotheby's International Realty
Listing Agent: Lori Reiland
Last Updated: November - 26 - 2024
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