Ask Mariah Hubbell
Excellent opportunity to acquire a versatile commercial hospitality property located at 10716 E Hwy 30 in Cokeville, Wyoming. Positioned directly along the highway corridor used by travelers heading toward Jackson Hole, this 2.94-acre property offers excellent visibility, convenient access and significant potential for an investor looking to capitalize on both short-term lodging and long-term rental demand. The property offers multiple potential income streams, including motel rooms, renovated apartments, storage, and potential RV parking. Four apartments have already been renovated, providing a strong foundation for the next owner to continue improving and repositioning the property. The motel component includes 16 additional rooms ready for renovation. Completing these rooms presents considerable value-add potential, with the flexibility to pursue nightly motel rentals, extended-stay accommodations or longer-term housing depending on the buyer's business plan and applicable regulations.
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Listed By: James Downs of Vertical Realty Group, Llc - (307) 262-7768