1424 Central Ave, Kemmerer, WY 83101

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List Price
$1,495,000
Status
ACTIVE
MLS#
20263439
Days on Market
111
Year Built
1975

Property Description

EXCEPTIONAL TURNKEY INVESTMENT OPPORTUNITY WITH STRONG INCOME AND GROWTH POTENTIAL! Generating approximately $300,000 in gross annual revenue with an upward trend, this beautifully maintained 13-room motel offers investors an outstanding opportunity to step into an established, income-producing business in the growing Kemmerer market! With on-site management already in place and the ability to operate remotely, this is an ideal investment for those looking to own and manage a profitable hospitality business from virtually anywhere. The property is being sold fully furnished and equipped, including all appliances and operating supplies, making this a truly turnkey opportunity with an established operational structure. LOCATION IS KEY! Situated on Main Street with excellent visibility and easy access, this property is ideally positioned to capitalize on the increasing demand for accommodations associated with the nearby TerraPower Nuclear Plant. As the temporary workforce supporting the project continues to grow, the need for convenient, quality lodging creates exciting potential for continued revenue growth and long-term investment value. The motel features 13 tastefully updated guest rooms with fresh paint, new flooring, individual forced-air furnaces, and wall A/C units. A variety of room configurations, including single Queen, single King, and double Queen accommodations, provides flexibility for both short-term travelers and extended-stay guests. An additional highlight is the spacious 2,800 sq. ft., 3-bedroom, 2-bath owner/manager residence, conveniently connected to the main office and perfectly suited for the existing on-site management arrangement or additional available rental space. The lower level offers a conference room, full kitchen, half bath, and generous storage space, providing additional flexibility and potential for business operations. Outside, guests enjoy ample paved parking and a welcoming patio area complete with BBQ grills and seating. Strong existing revenue, an upward business trend, established on-site management, remote ownership capabilities, and growing regional lodging demand make this a compelling investment opportunity! Whether you’re looking to expand an existing hospitality portfolio or acquire a turnkey income-producing property, this motel offers an attractive combination of current cash flow and future potential. Call Heidi Despain with Quality Realty at 307-466-3078 with any questions or to schedule a showing!

Additional Information

Tax Year
2025
Roof
Composition
Exterior
Brick, Wood Siding
Foundation
Concrete
Construction
Brick
Fencing
None
Garage Type
5000 - 9999
Garage Spaces
No
Lot Size
19,200
Heating
Forced Air Gas, Individual
Cooling
Individual
Electric
Rocky Mountain Power
Water
City
Sewer
City

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Listing courtesy of Quality Realty.