Cap Rate
8.1%
Tot. SF
64,469
1801 E Cedar St, Rawlins, WY, 82301
Econo Lodge Rawlins$3,400,000
Key Information
Lot Size
2.74 Acres
Units
131
Year Built
1972/2008
Type
Hospitality
Highlights
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131-room hotel in a proven tourist market
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Prime location: Less than 1 hour from Medicine Bow National Forest and 45 minutes from the Wyoming Red Desert
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Attractive pricing: Offered at 2.85× Gross Revenue Multiplier (3-year average) for a competitive entry point
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Reliable demand drivers: Outdoor recreation, sightseeing, and regional events
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Diverse market capture: Positioned for both leisure and group travel in a steadily expanding market
- Choice Hotels
Choice Hotels International is a hospitality company that owns and operates several hotel brands, including EconoLodge. It was founded in 1939 by seven Florida-based motel owners and is headquartered in Rockville, Maryland, USA. Choice Hotels International operates in the lodging and hospitality industry, providing a wide range of accommodation options for travelers, including economy, mid-scale, and upscale hotels. Choice Hotels International is a publicly traded company and is one of the largest hotel franchisors in the world, with thousands of hotels across over 40 countries.
Photos
Location
Agents
Broker of Record
Brian Brockman
License # RE-15604Matthews1600 West End, Ste. 1500 Nashville, TN 37203