This Property is no longer advertised on Showcase.com.
Off Market
1/23

2555 N Freeway Dr
Cedar City, UT 84721


HIGHLIGHTS

  • Recently Renovated
  • Large Parking Lot
  • Pool

OVERVIEW

APEX Commercial Real Estate | KW South Valley Keller Williams is pleased to publicize the sale of the Travelodge Cedar City, a beautifully renovated 36 room exterior corridor motel directly off of exit 62 in Cedar City Utah The Travelodge Hotel is an economy hotel with 36 units, including a manager’sapartment, swimming pool, and laundry facilities. It is comprised of one, two storybuilding that forms an “L” shape running west (perpendicular) off of N. Freeway Drive (west frontage road running south along I-15), just south of the I-15 interchange #62. The project is constructed of brick and concrete with outside hallways and entrances most units include mini-fridges and microwaves. The current ownership has done great amount to upgrade the motel, but the renovations are only 70% complete. The rooms that have been completed currently have new interior and exterior paint, flooring, case goods, and light fixtures. The 30% that haven’t been completed need to have granite table, granite night stands, granite top tv stands, granite sink and flooring installed. All items for the renovation have been purchased. Along with the 0.58 acres that the hotel is situated on, there is a separate parcel of vacant land that is 0.72 acres for sale along with the hotel, that can be used to extend parking lot and or build additional rooms. For the 3D Tour Visit https://my.matterport.com/show/?m=amZz5mtREK7

FOR SALE DETAILS

PRICE

-

# OF ROOMS

-

CAP RATE

-

BUILDING DETAILS

PROPERTY NAME

Travelodge Cedar City

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

19000

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1986

PARKING SPACES

29

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Commercial

APN/PARCEL ID

B-0001-0031-0000