1450 S Auto Mall Dr - Hospitality FOR SALE


St George, UT 84770
$17,300,000 USD
435-680-2562
1450 S Auto Mall Dr, St George, UT for Sale
$17,300,000 USD
Hospitality - FOR SALE
1/57
null | Request Cap Rate

1450 S Auto Mall Dr
St George, UT 84770


HIGHLIGHTS

  • High Freeway Exposure
  • Near Major I-15 Exit
  • All Rooms Back to Pool and Courtyard

OVERVIEW

This property is in receivership. Subject property is a 101-room hotel and restaurant, formerly operated as The Desert Garden Inn and Magleby's Restaurant. The property is in various stages of major renovation, updating, and capital improvements. The hotel ground is 3.62 acres and includes the hotel, restaurant, courtyard area and outdoor pool. All rooms are accessed from the interior corridors with additional patio door to pool and courtyard; ground level to pool, upper level private deck. The pool side accommodation includes fitness center and gym. Motel has high visibility and freeway exposure from I-15 and is located near Exit 6. Photos shown are historical photos. Buyer responsible for completing the renovation. All offers subject to approval of the Receivership Court.

FOR SALE DETAILS

PRICE

$17,300,000 USD

PRICE/SF

$291 USD /SF

# OF ROOMS

101

PRICE/ROOM

$171,287 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

STATUS

Under Renovation

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

101 Room Hotel - Formerly Desert Garden Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1980

PARKING SPACES

184

LAND DETAILS

LAND ACRES

3.62 AC

LAND SF

157,778 SF

ZONING

C-2

APN/PARCEL ID

0574999

ASK ABOUT THIS PROPERTY

Rod PackerKeller Williams Realty St. GeorgeMore Info
435-680-2562

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Rod PackerKeller Williams Realty St. GeorgeMore Info
435-680-2562

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.