1424 W Pine Street, Pinedale WY 82941

$4,500,000

1424 W Pine Street, Pinedale, WY 82941

bedrooms

bathrooms

square feet

Acreage

Open Houses

year built

2005

Full Baths

Half Baths

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***Second Price Reduction!*** 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 11.71% Cap rate. The building is 42,693 square feet 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.

Location
Subdivision	-
County	Sublette
Elementary School	-
Middle School	-
High School	-

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MLS number: 20244846

Listing agent: Kody Watts #RE-15364

Listing broker: Keller Williams Realty Black Hills/Wyoming (605) 343-7500

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Last update: Monday, February 24 2025 at 10:34 p.m. EST

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