Sand Draw Inn LLC 4 Larry Lozier rd 53 Room Hotel Boulder, WY 82923 $805,978 CAD ($15,207 CAD/Room) 10% Cap Rate

Rare value-add investment opportunity in western Wyoming. This motel includes 41 finished guest rooms with 12 additional rooms framed, roofed and drywalled in. Also has 5 RV spaces with additional 5 roughed in with water just needs connected to power. All guest rooms feature private bathrooms. Significant upside exists by reopening additional rooms and increasing occupancy. The property is well suited for an owner-operator, investor, or hospitality group seeking expansion. Conveniently located along a well-traveled corridor serving tourists, outdoor recreation, energy workers, and business travelers just 90 minutes from Jackson Hole and Grand Teton National Park and just 22 miles south of Pinedale. The property offers easy access to the Wind River Range, Bridger-Teton National Forest, world-class fishing, hunting, hiking, skiing, snowmobiling, and the region's energy industry. Eligible for a 1031 exchange. The current owners have intentionally operated only a portion of the available rooms, leaving substantial income growth potential for the next owners.