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Ramada by Wyndham Richfield UT 333 N Main St

51 Room Hotel Richfield, UT 84701 $4,250,000 ($83,333/Room)

Executive Summary

Introducing the Ramada Hotel in Richfield, strategically located at 333 N Main St, Richfield, UT 84701. This well-established property features 51 well-appointed rooms, offering a solid investment opportunity in a growing market.
Key amenities include free Wi-Fi, complimentary breakfast, a fitness center, and an outdoor pool, all of which enhance guest satisfaction and drive occupancy rates. The hotel’s prime location provides easy access to local attractions, ensuring a steady flow of visitors year-round.
With a proven track record and a reputation for quality service, the Ramada Hotel is poised for continued growth, making it an attractive prospect for savvy investors looking to capitalize on the hospitality sector in Richfield.

Data Room Click Here to Access

Property Facts

Price $4,250,000
Price Per Room $83,333
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.05 AC
Building Size 34,000 SF
No. Rooms 51
No. Stories 2
Year Built/Renovated 1978/2017
Parking Ratio 1.82/1,000 SF
Corridor Interior
Opportunity Zone Yes

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 2 $159.00 -
Guest Room 49 $134.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-47-10
Land Assessment
$0
Improvements Assessment
$1,996,042
Total Assessment
$1,996,042

zoning

Zoning Code CG (General Commercial)
CG (General Commercial)
  • Listing ID: 33552237

  • Date on Market: 10/17/2024

  • Last Updated:

  • Address: 333 N Main St, Richfield, UT 84701

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