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31184144
31184163

440 E A St, Casper, WY 82601 For Sale

KW
WY WY RE-15364, UT UT 6529007-SA00
Keller Williams Realty Western Trails
Listed by Keller Williams Realty Western Trails
$1,100,000
123 days on market
Updated 35 days ago
Opportunity zone

39 Key Exterior Corridor Hotel with Value Add Opportunity

Details
Property Type Hospitality
Sub Type Hotel
Square Footage 12,948
Keys 39
Price per SqFt $85
Broker Co-Op Yes
Year Built 1961
Buildings 1
Stories 2
Acreage 0.510
Zoning Commercial
Investment Type Owner/User
Ground Lease No
Ownership Owner/Operator/Investment
Sale Condition For sale by owner

39 Key Exterior Corridor Hotel with Value Add Opportunity

Marketing description

The Royal Inn is a 39-key hotel opportunity in Casper, Wyoming, offering significant upside for investors seeking a value-add hospitality asset with multiple paths to increased returns.

Currently operated by an absentee owner, the property may benefit substantially from active management or an owner/operator model, creating the opportunity to improve operations and overall property performance.

This independent motel also presents strong potential for rebranding to a branded franchise, which could elevate market presence, attract broader customer demand, and increase revenue potential.

For buyers with a longer-term vision, the site may also support redevelopment into a multifamily opportunity, adding an additional layer of value and flexibility.

With its existing lodging infrastructure and future repositioning possibilities, The Royal Inn stands out as a versatile investment opportunity in the Casper market. Contact me for additional details.

Investment highlights

  • 39-Key Hotel Asset: Scalable lodging opportunity in a stable market
  • Value-Add Investment: Multiple paths to increase revenue and overall returns
  • Operational Upside: Opportunity to improve performance through active management
  • Absentee Ownership: Immediate potential for hands-on operator gains
  • Rebranding Potential: Ability to convert to a national franchise flag
  • Revenue Growth Opportunity: Increase ADR and occupancy through repositioning
  • Flexible Business Model: Suitable for owner/operator or investment hold
  • Redevelopment Optionality: Potential for future multifamily conversion
  • Existing Infrastructure: Functional lodging asset with immediate income capability
  • Strategic Market Position: Located in Casper with steady demand drivers

Listing Contacts

KW
WY WY RE-15364, UT UT 6529007-SA00
Keller Williams Realty Western Trails
Listed by Keller Williams Realty Western Trails

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Additional Information

Name
Kody M. Watts
License
WY RE-15364
Brokerage
KW Keller Williams Western Trails
Brokerage Address
2401 West Main Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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