1424 W Pine St

For Sale

1424 W Pine St, Pinedale, WY 82941

This Pinedale property for sale is located at 1424 W Pine St. The current listed sale price for 1424 W Pine St is $5,500,000. 1424 W Pine St is situated on a lot that is 2.31 acre in size.

Contacts

broker

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

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  • 43/100

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Location

  • 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.

Contact Listing Broker

broker

Kody Watts

Peak Collective Real Estate - KW Commercial

Owner, Co-Founder