Lodging on Trout Creek
Cody, WY
Asking price
$2,980,000
Sites
7
Cap rate
—
Price / site
$425,714
About this property
5+ acres of prime stream side frontage & Mountain View property in the heart of NW Wyoming's Yellowstone & Wapiti Valley. Located just West of Cody, WY toward the East Gate of Yellowstone Park; this property offers a multitude of uses given the location, cabins, Conestoga Covered Wagons, cottage, barns, shops & residences. It is a gorgeous place to live, a luxury glamping site or a hobby farm. Seeking visionary buyers to capitalize on the region's natural beauty, abundant wildlife and thriving tourism scene. All structures are newly built and incredibly well maintained including: A 3800+ sf logsided building with a beautiful owner's residence upstairs. The main level is comprised of a state-of-the-art mechanical room, ample laundry facility, kitchenette/office and clean/modern guest showers and bathrooms. 10-furnished log sided cabins are 12'x16' and were built onsitel in 2017. The 5 Conestoga Covered Wagons are custom built in the USA, have space to sleep 4-6 and are the crème de la crème of the glamping world. The cottage is 1200sf, completely furnished, full kitchen, will sleep up to six. Newly built in 2024, a 3100sf pole barn with five 14' high shop doors (stores Conestoga Wagons perfectly over the winter) or could turn into an enteraining space . In addition, there is a 3 car detached garage, 7-RV hook-ups, pickleball court & fenced area for pets & farm animals. All of this with a private well, septic & multiple electric panels. So many possibilities with this property, with easy access off of the Yellowstone HWY.
All details
Figures are transcribed from the source listing as published. “Source page last checked” is when our crawler last fetched that page — it is not a check of the financials and not confirmation from the broker.
| Asking price | $2,980,000 |
|---|---|
| Sites | 7 |
| Price per site | $425,714 |
| Year built | 2017 |
| First seen by UnitListed | Sep 6, 2026 |
| Source page last checked | Oct 24, 2026 |
Before you call the broker
7 things are not disclosed on this listing. These are the questions that would close the gap — specific to a park, not a generic list.
Net operating income — not disclosed
What is the trailing twelve-month NOI, and what does it include and exclude?
The single number a lender will size debt against. Ask what is excluded — management fees and reserves are the usual omissions.
What period the financials cover — not disclosed
Are these figures trailing twelve months, last calendar year, or projected?
A projected stabilised NOI and a current operating NOI can differ by a third, and both get called "NOI".
Gross income and operating expenses — not disclosed
Can you share a trailing twelve-month profit and loss, with the expense lines itemised?
NOI alone hides whether income is high or expenses are being under-reported. The split is what you underwrite.
Reason for sale — not disclosed
Why is the owner selling, and how long have they held it?
Never published on a listing, always worth knowing. Retirement and a looming capital bill are very different situations.
Operating season and seasonal mix — not disclosed
Is this year-round or seasonal, and what is the split between seasonal, monthly and transient guests?
A seasonal park with a five-month window is a different business from a year-round one at the same annual revenue.
Utility infrastructure — not disclosed
Are water, sewer and electric municipal or private, and what condition is the infrastructure in?
A private septic or well at end of life is a capital item that can exceed a year of NOI, and it will not appear in the expenses.
Permits and non-conforming use — not disclosed
Is the current site count permitted, and is any of it legal non-conforming?
A park operating more sites than it is permitted for cannot be financed at the income it shows.
Asking price — disclosed
Currency of the asking price — disclosed
Site count and hookup mix — disclosed
Whether the land is included — disclosed
What has changed
Every date below is when we observed a change, not when it happened. We first saw this listing on Sep 6, 2026; that is not the same as when it came to market, and we have no way to know the latter.
- Sep 6, 2026First seen by UnitListed
The asking price has not changed across any of our observations.
