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13 Forest Service RD Lovell, WY 82431
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Key Details
Sold Price $1,950,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 3,831 sqft
Price per Sqft $509
MLS Listing ID 20-716
Sold Date 03/01/24
HOA Y/N false
Originating Board Sheridan County Board of REALTORS®
Lot Size 15.000 Acres
Acres 15.0
Property Sub-Type Other
Property Description
Located on ±15 acres (leased) on the north end of the Bighorn Mountains near the popular Medicine Wheel historic site, this successful business enjoys strong financial returns with strong historic and forecasted cap rates achieved by delivering a unique and wide array of lodging, entertainment, recreational and retail sales. A malt beverage liquor license is included.
Wyoming High Country Lodge (WHCL) enjoys outfitter rights for hunting and recreational activities on the coveted mountain areas 38 and 39, in addition to hunting on area BLM lands.
No land is included in the sale, but this turnkey offering includes all improvements, fixtures, personal and intellectual property used for the business.
Please visit their website for details about all their operations: http://wyhighcountry.c Seller will assist in the transfer of the USFS lease required to operate. The current operation includes a completely independent and highly qualified management team capable of all guest services and operational requirements so absentee ownership is possible. As is, WHCL can provide a recreational minded investor a secure income with the benefit of having one's own year-round recreational playground atop the Bighorn Mountains.
Location
State WY
County Big Horn
Direction located off Forest Service Rd. 13 about 20 miles west of Bear Lodge or 5 miles east of the Crystal Creek turn-around on HWY 14A coming from Lovell. Turnoff is just east of the road to the Medicine Wheel.
Interior
Heating Propane, Wood
Exterior
Parking Features ParkingFeatures
Building
Sewer Septic Tank
Water Well
Structure Type Metal Siding,Combination,Log,Wood Siding
Schools
Elementary Schools Out Of Area
Middle Schools Out Of Area
High Schools Out Of Area
Others
Senior Community No
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