Apple Tree Inn | 145 S Main St
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Apple Tree Inn 145 S Main St
60 Room Hotel Richfield, UT 84701 $1,290,000 ($21,500/Room)
Investment Highlights
- Prime downtown location
- Excellent reputation as a sought-after accommodation.
Executive Summary
The Apple Tree Inn in Richfield, Utah presents an exceptional investment opportunity. With its prime downtown location and strong operating performance, this property offers a lucrative investment option. Boasting 60 well-appointed rooms spread across 25,701 square feet on 1.8 acres of land, the Apple Tree Inn stands as an attractive owner/user investment. Its manager quarters provide added convenience for seamless property management. The hotel's consistent profitability and reputation as a sought-after accommodation in the area make it a robust and reliable asset for investors. Don't miss the chance to capitalize on this thriving investment with the Apple Tree Inn.
Property Facts Under Contract
Price | $1,290,000 | Building Size | 34,000 SF |
Price Per Room | $21,500 | No. Rooms | 60 |
Sale Type | Investment | No. Stories | 2 |
Property Type | Hospitality | Year Built | 1964 |
Property Subtype | Hotel | Tenancy | Single |
Building Class | C | Corridor | Exterior |
Lot Size | 1.80 AC |
Price | $1,290,000 |
Price Per Room | $21,500 |
Sale Type | Investment |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 1.80 AC |
Building Size | 34,000 SF |
No. Rooms | 60 |
No. Stories | 2 |
Year Built | 1964 |
Tenancy | Single |
Corridor | Exterior |
Amenities
- Patio
- Public Access Wifi
- Smoke-Free
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Guest Room | 60 | $48.00 | - |
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PROPERTY TAXES
Parcel Number | 1-18-46 | Improvements Assessment | $0 |
Land Assessment | $128,250 | Total Assessment | $128,250 |
PROPERTY TAXES
Parcel Number
1-18-46
Land Assessment
$128,250
Improvements Assessment
$0
Total Assessment
$128,250
zoning
Zoning Code | C (Commercial) |
C (Commercial) |
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Apple Tree Inn | 145 S Main St
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