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2555 N Freeway Dr
Cedar City, UT 84721
Travelodge Cedar City · Hospitality Property For Sale · 19,000 SF
Investment Highlights
- Recently Renovated
- Pool
- Large Parking Lot
PROPERTY FACTS
Property Type | Hospitality | No. Stories | 1 |
Property Subtype | Hotel | Year Built/Renovated | 1986/1996 |
Building Class | C | Parking Ratio | 5/1,000 SF |
Lot Size | 1.20 AC | Corridor | Exterior |
Building Size | 19,000 SF |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 1.20 AC |
Building Size | 19,000 SF |
No. Stories | 1 |
Year Built/Renovated | 1986/1996 |
Parking Ratio | 5/1,000 SF |
Corridor | Exterior |
Amenities
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
About 2555 N Freeway Dr , Cedar City, UT 84721
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
PROPERTY TAXES
Parcel Number | B-0001-0031-0000 | Improvements Assessment | $728,680 |
Land Assessment | $97,135 | Total Assessment | $825,815 |
PROPERTY TAXES
zoning
Zoning Code | Commercial |
Commercial |
Learn More About Investing in Hospitality Properties
Listing ID: 24824072
Date on Market: 1/12/2022
Last Updated:
Address: 2555 N Freeway Dr, Cedar City, UT 84721
The Hospitality Property at 2555 N Freeway Dr, Cedar City, UT 84721 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.