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Gas Lite Motel 960 N 3rd St 30 Room Hotel Laramie, WY 82072 $2,059,200 CAD ($68,640 CAD/Room)
Investment Highlights
- 100% occupancy over the past year
Executive Summary
The Gas Lite is a turnkey 30-room motel on a prime 35,118 sq. ft. lot zoned B-2 for business. High visibility location right off the main drag, with ample parking and solid month-to-month occupancy. Low overhead and reliable cash flow. Each room comes furnished with a bed, hutch, mini-fridge, and microwave. The Gas lite has that timeless log-cabin Wyoming charm that keeps guests coming back from near and far. Many rooms have already had a major refresh: new paint, carpet, fixtures, and appliances. Endless potential whether you keep it running as is or take advantage of the prime location with your own project.
Property Facts
| Price | $2,059,200 CAD | Lot Size | 0.82 AC |
| Price Per Room | $68,640 CAD | Building Size | 32,797 SF |
| Sale Type | Investment | No. Rooms | 30 |
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built | 1950 |
| Building Class | C | Corridor | Interior |
| Zoning | COM | ||
| Price | $2,059,200 CAD |
| Price Per Room | $68,640 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.82 AC |
| Building Size | 32,797 SF |
| No. Rooms | 30 |
| No. Stories | 2 |
| Year Built | 1950 |
| Corridor | Interior |
| Zoning | COM |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 30 | $82.37 CAD | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 05-1673-28-3-92-001.00 | Improvements Assessment | $238,521 CAD |
| Land Assessment | $49,849 CAD | Total Assessment | $288,370 CAD |
Property Taxes
Parcel Number
05-1673-28-3-92-001.00
Land Assessment
$49,849 CAD
Improvements Assessment
$238,521 CAD
Total Assessment
$288,370 CAD
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Presented by
Duane Toro Real Estate
Gas Lite Motel | 960 N 3rd St
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