21 Unit Newly Remodeled Motel
W/ Living Quarters in Lusk, WY
Outdoor Pool, Storage Unit & Parking Space
Bidding open: July 10 @ 8 am to July 11@ 8pm
OPENING BID: $195,000.00
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Details
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Near the Intersection of U.S. Highways 20 and 85 in South-Central Wyoming is situated a newly remodeled and upgraded 21 unit Motel with modern living quarters attached. The Motel complex as a whole sets on approximately 31,500 square feet of land (nearly ¾ of an acre), which provides area for the West portion of the Motel Unit, the East portion, an out door swimming pool, a storage unit, and plenty of parking space in between. Real estate taxes for the Tax Year 2005 were just $1,402.45, which included the land, buildings, and the business inventory. The present owners/operator project a 2006 gross income of some $150,000.00, based on a 10% increase over last years gross.
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