Description
***Price Reduced!*** The Pinedale Hotel is a 82-key interior corridor hotel with a 11.71% Cap rate. The building is 42,693 SF and is on 2.31 AC of land. The hotel was built in 2005 and features a heated indoor pool, hot tub, continental breakfast area, fitness center, business center, on-site spa and more. The property also has a 5-year lease for 1,057 SF of restaurant space until 2029 that is 40% of the restaurants net revenue. The restaurant recently acquired a liquor license that will only further bolster the return on investment for the space. The hotel's strategic location, combined with the fact that its one of the only hotels in the area with a restaurant, is likely to attract a steady influx of guests throughout the year, especially during the summer months. Moreover, the ability to host extended stay tenants and provide long-term lodging helps ensure favorable returns on investment for its owners. This property has great value-add potential with unrealized income.
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0BEDS
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2.31ACRES
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0BATHS
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01/2 BATHS
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42,693SQFT
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$117$/SQFT
School Ratings & Info
Description
***Price Reduced!*** The Pinedale Hotel is a 82-key interior corridor hotel with a 11.71% Cap rate. The building is 42,693 SF and is on 2.31 AC of land. The hotel was built in 2005 and features a heated indoor pool, hot tub, continental breakfast area, fitness center, business center, on-site spa and more. The property also has a 5-year lease for 1,057 SF of restaurant space until 2029 that is 40% of the restaurants net revenue. The restaurant recently acquired a liquor license that will only further bolster the return on investment for the space. The hotel's strategic location, combined with the fact that its one of the only hotels in the area with a restaurant, is likely to attract a steady influx of guests throughout the year, especially during the summer months. Moreover, the ability to host extended stay tenants and provide long-term lodging helps ensure favorable returns on investment for its owners. This property has great value-add potential with unrealized income.
Listing information © 2025 Teton Board of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker Mountain Properties. Data last updated: 2025-04-20T18:01:32.217.
