649 N Main St - Hospitality FOR SALE


Monticello, UT 84535
$2,750,000 USD
909-456-3481
649 N Main St, Monticello, UT for Sale
$2,750,000 USD
Hospitality - FOR SALE
1/6
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649 N Main St
Monticello, UT 84535


HIGHLIGHTS

  • Property Includes a General Manager's House for Additional Cost
  • Ideally Located off of U.S. Route 191
  • Within 1 Hour of Canyonlands, Arches National Park, and Moab

OVERVIEW

Adam Lewis // Broker of Record // License UT 6250302-PB00 Property Tours Do not contact on-site staff. All property tours must be scheduled through the listing agent. Prospective purchasers are encouraged to visit the subject property prior to submitting offers. Marcus & Millichap has been chosen to exclusively market for sale the Rodeway Inn & Suites Monticello, a 40-key hotel located in Monticello, Utah. The hotel is ideally located off of U.S. Route 191 and features amenities including a business center, continental breakfast, and guest laundry facilities. Nestled at the base of the scenic Abajo Mountains, the hotel is walking distance from the Monticello Utah Temple (LDS). The property is also one hour from popular Canyonlands and Arches National Parks and the mountain-biking mecca of Moab. It is one to two hours away from top points of interest including Newspaper Rock, with its well-preserved petroglyphs and Moki Dugway, a spectacular 4WD-road carved into a hillside in the Valley of the Gods. Also within reach are Natural Bridges National Monument and the iconic Monument Valley, both under two hours from the hotel.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$149 USD /SF

# OF ROOMS

40

PRICE/ROOM

$68,750 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rodeway Inn & Suites Monticello

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1996

PARKING SPACES

47

LAND DETAILS

LAND ACRES

1.72 AC

LAND SF

74,923 SF

ZONING

Hospitality

APN/PARCEL ID

A33230254806

ASK ABOUT THIS PROPERTY

Gordon AllredMarcus & MillichapMore Info
909-456-3481

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Gordon AllredMarcus & MillichapMore Info
909-456-3481

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