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.
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