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Centennial Mountain Meadow Cabins

11 Brooklyn Lake Road : Centennial, WY 82055

Albany County, Wyoming

19 Acres
$695,000
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Property Description

Showing by appointment only. This is an awesome commercial opportunity smack dab in the middle of Medicine Bow National Forest and only 3.8 miles from the Snowy Range Ski Area. This is a phenomenal opportunity to live away from the hustle and bustle of the city and run a very successful business with fantastic development opportunity. There are 9 charming cabins on the property. 4 small, 2 medium, and 3 large. Each cabin has updated kitchen facilities with propane cooking stoves, ovens, refrigerators, and cooking equipment. Each cabin has their own contemporary bathroom with flush toilets and showers, and they will be sold fully-furnished and Business Ready with beds, bedding, night stands, tables, chairs, barbecue grills, picnic tables, and much more. Occupancy The small cabins are cozy and feature one double bed and one twin bed. These cabins are perfect for 2. The medium cabins feature two double beds and one twin bed. These are carpeted and fit 4 people comfortably. The large cabins are great for larger groups or 5 or 6. They have two separate rooms with 3 double beds and one single bed. They are also carpeted. The property also has a 40x80 metal warehouse and office building. This is a prime storage space for off-road and winter vehicles and a perfect place to start the expansion of your business. This building doesn't have water, but there is an outhouse nearby. Other amenities include a tack shed and corrals for horses. Location 38 miles west of Laramie and 45 miles east of Saratoga and Encampment. 8 miles west of Centennial, WY on HWY 130. This is a Prime location for the outdoorsman/woman of all types. Hiking, mountain biking, backpacking, fishing, skiing, and snowmobiling are just a few of the activities that the Medicine Bow Forest has to offer. There are 100 lakes, streams, and rivers within 15 miles of the Mountain Meadow Cabins. This is also a popular spot for elk, deer, and moose hunting. Snowmobilers from all over the country often seek out the Medicine Bow National Forest year after year. With just a short drive, the town of Laramie offers many other events. The home of the University of Wyoming Cowboys bargains shopping, multiple movie theaters, bowling, sporting events, a lively downtown nightlife, and more. About Centennial Centennial, WY, that once served as a mining town, is now a hopping service town that serves as a gate-way to the Snowy Range Mountains. The lovable area offers hometown restaurants, ice cream shops, and bars that often persuade folks to stop or even attract folks from miles away. With a population of just under 300, Centennial often has more visitors than locals. Investment Outlook Nine Recreational/Rental Cabins- A rental business with great return, offered at at least a 13 cap rate. Long term US Forest Service Land Lease with owned improvements. Permitted for 10 additional cabins on the 19 acre land lease. Commercial use of property has to be exercised only 30 days out of the year. Renewable 20 year operating lease. Current lease expires December 2018 and is currently in the processed of being renewed. Financials available for qualified buyers. There are also a great opportunity to add on a rental portion to the business. I.e. snowmobiles, mountain bikes, kayaks, etc.

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COMMERCIALFLIP ID
153037
MLS / Other ID
WY224745
Posted on COMMERCIALFLIP
219 Days Ago
Last Updated
80 Days Ago
Views
910
Saves
1
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