737 East 2nd St, Powell, WY 82435

$600,000

Property Description

Here is an Investment Property in Powell, Wyoming for your consideration. Discover a unique opportunity to own a versatile motel in Powell. Situated within walking distance of shopping and restaurants, this motel is currently utilizing 13 Units and presents endless potential for savvy investors. Prime location between the Big Horn Mountains and the Absaroka Mountain Range, the motel offers convenience and accessibility, making it an ideal choice for both travelers and locals. The spacious manager's unit boasts 2 bedrooms, 2 bathrooms, and all the comforts of home. An attached garage with a work area and motel laundry facilities provide added convenience. An Outdoor Enthusiast's Paradise. Positioned near Yellowstone National Park, the Big Horn Mountains, and Cody's Yellowstone Regional Airport, the motel is a gateway to outdoor adventures such as hunting, fishing, hiking, and camping. Renovation Potential: While the property offers a fixer-upper opportunity, several renovations and updates have already been completed, allowing you to blend vintage charm with modern comforts. Flexible Rental Options: Catering to diverse guest needs, the motel offers one-night room rentals, as well as weekly and monthly rates, accommodating both short-term stays and extended visits. Nearby Attractions: A short drive to Cody opens up a world of attractions, including the famous Cody Nite Rodeo and Buffalo Bill Center of the West for a few. This property is being sold “AS IS”. Call today!

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Listing courtesy of Metzler & Moore Realty.