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Rodeway Inn Rawlins1500 W Spruce Street, Rawlins WY 82301
O F F E R I N G M E M O R A N D U M
Rodeway Inn RawlinsCONTENTS
Exclusively Marketed by:
Jeff Ashby JDS Real Estate Services, IncWY Real Estate Broker Lic. No. 13020(833) [email protected]
We obtained the following information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions,change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent the current or future performance of theproperty. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
01 Executive Summary Investment Summary 5 Location Summary 6
02 Property Description Property Features 8 Property Images 9
03 Demographics Demographics 12 Demographic Charts 14
The information contained in the following offering memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from JDSReal Estate Services and it should not be made available to any other person or entity without the written consent of JDS Real Estate Services.
By taking possession of and reviewing the information contained herein the recipient agrees to hold and treat all such information in the strictest confidence. The recipientfurther agrees that recipient will not photocopy or duplicate any part of the offering memorandum. If you have no interest in the subject property, please promptly returnthis offering memorandum to JDS Real Estate Services. This offering memorandum has been prepared to provide summary, unverified financial and physical information toprospective purchasers, and to establish only a preliminary level of interest in the subject property.
The information contained herein is not a substitute for a thorough due diligence investigation. JDS Real Estate Services has not made any investigation, and makes nowarranty or representation with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and squarefootage of the property and improvements, the presence or absence of contaminating substances, PCBs or asbestos, the compliance with local, state and federalregulations, the physical condition of the improvements thereon, or financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue itsoccupancy of the subject property.
The information contained in this offering memorandum has been obtained from sources we believe reliable; however, JDS Real Estate Services has not verified, and will notverify, any of the information contained herein, nor has JDS Real Estate Services conducted any investigation regarding these matters and makes no warranty orrepresentation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of theinformation set forth herein. Prospective buyers shall be responsible for their costs and expenses of investigating the subject property.
Rodeway Inn Rawlins Confidentiality and Disclaimer | 03
CONFIDENTIALITY AND DISCLAIMER
PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY.PLEASE CONTACT JDS REAL ESTATE SERVICES FOR MORE DETAILS.Copyright © 2019 CREOP, LLC. All Rights Reserved.
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Executive Summary
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Location Summary
Rodeway Inn Rawlins Investment Summary | 05
OFFERING SUMMARYADDRESS 1500 W Spruce Street
Rawlins WY 82301
COUNTY Carbon
BUILDING SF 14,144
TOTAL ROOMS 36
LAND SF 65,429 SF
YEAR BUILT 1960
YEAR RENOVATED 2015
APN 21871733700200
OWNERSHIP TYPE Fee Simple
FINANCIAL SUMMARYOFFERING PRICE $1,200,000
PRICE PER KEY $33,333
PRICE PSF $84.84
DEMOGRAPHICS 1 MILE 3 MILE 5 MILE2019 Population 3,872 9,691 9,726
2019 Median HH Income $60,279 $56,447 $56,481
2019 Average HH Income $74,303 $69,877 $69,965
Rodeway Inn Rawlins Location Summary | 06
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Property Description
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Aerial Map
Property Images
Rodeway Inn Rawlins Property Features | 08
PROPERTY FEATURESTOTAL ROOMS 36
BUILDING SF 14,144
LAND SF 65,429
LAND ACRES 1.5
YEAR BUILT 1960
YEAR RENOVATED 2015
# OF PARCELS 1
TOPOGRAPHY Flat
NUMBER OF STORIES 2
NUMBER OF BUILDINGS 1
NUMBER OF PARKING SPACES 26
PARKING RATIO .72
NUMBER OF INGRESSES 2
NUMBER OF EGRESSES 2
AMENITIESSPA No
POOL No
COMPLIMENTARY BREAKFAST Yes
ICE/VENDING MACHINES Yes
BUSINESS CENTER No
WIFI Yes
RESTAURANT No
Rodeway Inn Rawlins Property Images | 09
Rodeway Inn Rawlins Property Images | 10
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Demographics
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Demographic Charts
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POPULATION 1 MILE 3 MILE 5 MILE
2000 Population 3,923 9,072 9,108
2010 Population 3,825 9,465 9,500
2019 Population 3,872 9,691 9,726
2024 Population 3,837 9,633 9,668
2019 African American 54 164 165
2019 American Indian 55 134 135
2019 Asian 67 138 139
2019 Hispanic 1,024 2,621 2,626
2019 Other Race 377 1,030 1,031
2019 White 3,179 7,883 7,913
2019 Multiracial 129 330 331
2019-2024: Population: Growth Rate -0.90 % -0.60 % -0.60 %
2019 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE
less than $15,000 113 329 330
$15,000-$24,999 148 373 374
$25,000-$34,999 140 274 275
$35,000-$49,999 224 522 523
$50,000-$74,999 359 832 834
$75,000-$99,999 238 418 420
$100,000-$149,999 313 683 686
$150,000-$199,999 36 65 65
$200,000 or greater 50 89 90
Median HH Income $60,279 $56,447 $56,481
Average HH Income $74,303 $69,877 $69,965
HOUSEHOLDS 1 MILE 3 MILE 5 MILE
2000 Total Housing 1,957 3,948 3,975
2010 Total Households 1,612 3,530 3,543
2019 Total Households 1,621 3,586 3,599
2024 Total Households 1,604 3,557 3,570
2019 Average Household Size 2.37 2.60 2.59
2000 Owner Occupied Housing 1,104 2,302 2,312
2000 Renter Occupied Housing 534 1,085 1,088
2019 Owner Occupied Housing 1,080 2,382 2,391
2019 Renter Occupied Housing 541 1,204 1,208
2019 Vacant Housing 318 614 630
2019 Total Housing 1,939 4,200 4,229
2024 Owner Occupied Housing 1,076 2,376 2,386
2024 Renter Occupied Housing 528 1,181 1,184
2024 Vacant Housing 353 696 713
2024 Total Housing 1,957 4,253 4,283
2019-2024: Households: Growth Rate -1.05 % -0.80 % -0.80 %
Source: esri
Rodeway Inn Rawlins Demographics | 13
2019 POPULATION BY AGE 1 MILE 3 MILE 5 MILE
2019 Population Age 30-34 261 718 721
2019 Population Age 35-39 254 657 659
2019 Population Age 40-44 226 563 566
2019 Population Age 45-49 224 573 576
2019 Population Age 50-54 250 556 558
2019 Population Age 55-59 301 678 681
2019 Population Age 60-64 285 663 665
2019 Population Age 65-69 219 495 497
2019 Population Age 70-74 147 326 327
2019 Population Age 75-79 89 204 205
2019 Population Age 80-84 63 129 129
2019 Population Age 85+ 69 131 132
2019 Population Age 18+ 2,946 7,226 7,256
2019 Median Age 39 36 36
2019 INCOME BY AGE 1 MILE 3 MILE 5 MILE
Median Household Income 25-34 $64,173 $57,896 $57,900
Average Household Income 25-34 $79,701 $72,268 $72,308
Median Household Income 35-44 $72,299 $66,169 $66,222
Average Household Income 35-44 $83,713 $78,680 $78,742
Median Household Income 45-54 $69,589 $63,586 $63,586
Average Household Income 45-54 $85,604 $78,869 $79,060
Median Household Income 55-64 $65,238 $60,631 $60,702
Average Household Income 55-64 $75,469 $71,824 $71,944
Median Household Income 65-74 $56,168 $53,933 $53,839
Average Household Income 65-74 $66,098 $63,273 $63,368
Average Household Income 75+ $45,177 $48,083 $48,165
2024 POPULATION BY AGE 1 MILE 3 MILE 5 MILE
2024 Population Age 30-34 255 685 688
2024 Population Age 35-39 254 649 651
2024 Population Age 40-44 239 611 614
2024 Population Age 45-49 215 548 550
2024 Population Age 50-54 212 509 511
2024 Population Age 55-59 233 549 551
2024 Population Age 60-64 276 637 640
2024 Population Age 65-69 253 544 546
2024 Population Age 70-74 183 395 396
2024 Population Age 75-79 116 263 264
2024 Population Age 80-84 66 148 149
2024 Population Age 85+ 72 139 139
2024 Population Age 18+ 2,903 7,160 7,190
2024 Median Age 39 36 36
2024 INCOME BY AGE 1 MILE 3 MILE 5 MILE
Median Household Income 25-34 $65,909 $58,874 $58,871
Average Household Income 25-34 $81,746 $73,936 $74,092
Median Household Income 35-44 $75,839 $68,702 $68,856
Average Household Income 35-44 $89,510 $83,901 $84,075
Median Household Income 45-54 $71,674 $66,686 $66,492
Average Household Income 45-54 $90,621 $83,615 $83,823
Median Household Income 55-64 $68,094 $62,697 $62,780
Average Household Income 55-64 $81,839 $76,999 $77,210
Median Household Income 65-74 $57,738 $55,318 $55,272
Average Household Income 65-74 $70,473 $67,336 $67,492
Average Household Income 75+ $48,221 $50,289 $50,454
Rodeway Inn Rawlins Demographic Charts | 14
1 Mile Radius 3 Mile Radius 5 Mile Radius
2019 Household Income
1 Mile Radius 3 Mile Radius 5 Mile Radius
2019 Population by Race
Rodeway Inn Rawlins Demographic Charts | 15
2019 Household Occupancy - 1 Mile Radius
Average Income Median Income
2019 Household Income Average and Median
