Hotels for Sale

Super 8 Cheyenne, WY

Address:
Cheyenne, Wyoming
Description:

UNDER CONTRACT

  • Fee simple interest in the 60-room Super 8 by Wyndham Cheyenne WY at a discount to replacement cost
  • Available unencumbered of debt and management with the ability to retain the Super 8 by Wyndham flag via a long-term relicense agreement
  • Readily accessible to all traffic along Interstate 80 and 25
  • Unique opportunity to invest in economically stable state capital market with current unemployment rate of 3.9% and the two largest employers government affiliated, including the Wyoming State Capital and F.E. Warren Air Force Base
  • Proximate to all primary area demand generators including the Wyoming State Capital, F.E. Warren Air Force Base, Commercial District and Historic Downtown Cheyenne Historic District
  • Optimal time to be investing in broader Cheyenne market with 2019 hotel market occupancy up 26.6% YTD over 2018 figures
  • Cheyenne is well positioned for broader economic growth with plans well underway on multiple large regional development projects, including the $18MM Innovate Biotech Manufacturing Center totaling 80,000 SF, as well as, the 55 MM Sweetgrass Development which upon completion will total approximately 2,400 acres and will be the state's largest event facility

Listing Agent

Suzanna Farley Aldrich
T: 406.478.3010
Email

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