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Ramada by Wyndham Richfield UT 333 N Main St

51 Room Hotel Richfield, UT 84701 $3,900,000 ($76,471/Room)

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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.

Offering Memorandum
Operating and Financials

Property Facts

Price	$3,900,000	Building Size	34,000 SF
Price Per Room	$76,471	No. Rooms	51
Sale Type	Investment	No. Stories	2
Property Type	Hospitality	Year Built/Renovated	1978/2017
Property Subtype	Hotel	Parking Ratio	1.82/1,000 SF
Building Class	C	Corridor	Interior
Lot Size	1.05 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$3,900,000
Price Per Room	$76,471
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 State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.