Contacts

Kody Watts

Peak Collective Real Estate - KW Commercial

Owner, Co-Founder

Property Details

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.

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Attachments

Offering Memorandum (PDF) opens in new window

Getting around

32/100
Walk Score ®
43/100
Bike Score ®

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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

Ridley's Family Market

1.29 miles
Pinedale Bomgaars

7.97 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

1424 W Pine St

1424 W Pine St, Pinedale, WY 82941