Marbleton, WY 83113,405 WINKELMAN Avenue
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Marbleton, WY 83113,405 WINKELMAN Avenue
Marbleton, WY 83113,405 WINKELMAN Avenue
Marbleton, WY 83113,405 WINKELMAN Avenue
Marbleton, WY 83113,405 WINKELMAN Avenue

$1,400,000

Est. payment /mo
Est.Price: ?

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405 WINKELMAN Avenue Marbleton, WY 83113

1.93 Acres Lot

SOLD DATE : 11/30/2021

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Marbleton

MLS Listing ID 21-2323

Sold Date 11/30/21

HOA Y/N No

Annual Tax Amount $5,206

Tax Year 2020

Lot Size 1.930 Acres

Acres 1.93

Property Sub-Type Commercial

Source Teton Board of REALTORS®

Property Description

Unbelievable opportunity to own this iconic hotel and restaurant in Marbleton Wyoming. Family owned and operated since 1982, this 34 room hotel has been lovingly cared-for and improved over the years. In addition to the hotel, this business comes with a full-service restaurant with up-to-date kitchen and a full liquor license. Restaurant closed last year due to COVID, but has always been a bustling part of the community. Spacious apartment is attached to the hotel and is perfect for staff or owner. Owner has reinvested over $500k in the last 10 years to update the property. Cap rate estimated at 8.5% without restaurant revenues. So much upside to this business and possibilities galore! This is a perfect 1031 exchange opportunity for anyone looking for a high CAP rate.

Location

State WY

County Sublette

Community Marbleton

Area 14A - So Sublette County & So Lincoln County

Interior

Heating Heat Pump

Cooling Wall Unit(s)

Exterior

Roof Type Shingle

Building

Sewer Public Sewer

Water Public

Others

Tax ID 30113011900100

Horse Property No

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Listed by Jackson Hole Sotheby's International Realty
Vanessa Cameron

Vanessa Cameron

Advisor | License ID: RE15548

+1(307) 231-6486

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