- CityNot Disclosed
- State Wyoming
- CountryUnited States
Not Relocatable
Real Estate Included
Independent motel for sale. Located on the main street leading to downtown Cheyenne, near the intersection of interstate highways I-80 & I-25.
Situated on one entire city block and designed in the traditional horse-shoe shape, the motel projects -- through its wood shake roof, split rail fence, and landscaped courtyard -- a relaxed "ranch house" atmosphere.
Rooms are located in five buildings surrounding the courtyard, and total about 14,000 sq.ft. in size. Re-modeling of all 38 rooms was completed in 2006.
The motel living quarters have also been re-modeled and include two bedrooms, two baths, a large walk-in closet, and private laundry room.
Besides its capitol city status and proximity to I-80 & I-25, Cheyenne's claim to fame is the "Daddy of 'Em All" -- Cheyenne Frontier Days. This 10-day celebration in July each year -- featuring rodeos, night shows, parades, pancake breakfasts, etc -- provides a huge boost to the local economy ( and to occupancy rates!). Other factors impacting business include activity in local gov't, military (Warren AFB), energy-related companies (oil, pipelines, wind turbines), railroad, and construction of all types.
The motel's past success associated with the above activities, coupled with a solid reputation that ensures a large number of return customers, now provides an excellent opportunity for continued profitability under new ownership.
Disclaimer: MergerNetwork.com has not independently verified any of the information in this listing and makes no warrany as to its accuracy or completeness.
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