The Dwellings at River Rock | 452 S State St
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The Dwellings at River Rock 452 S State St
17 Room Hotel La Verkin, UT 84745 $5,790,000 ($340,588/Room)
Investment Highlights
- Features a mix of studio and one-bedroom units
- Situated right below the Pine Valley Mountains
- Unique and magnificent West-Facing vies of the Virgin River
- Units included kitchens, full bathrooms, dining space, sleeping areas, and outdoor seating.
Executive Summary
A mix of studio layouts along with 4 larger one bedroom & bunk loft layouts for a total of 18 units.
All Dwellings feature unique and magnificent west facing views of the Virgin River gorge below and the Pine Valley Mountains in the distance.
Each units features a kitchen, full bathroom, dining space, sleeping area, balcony or patio, and outdoor cooking amenities, all allowing for comfort and convenience in an extended stay model.
Additionally, each unit is freestanding with no shared neighboring walls to provide for a higher level or privacy and comfort.
Common area amenities include: fire pits, event pavilion, newly added pool area, guest laundry, abundant parking, EV charging, and trail access to Confluence Park.
All Dwellings feature unique and magnificent west facing views of the Virgin River gorge below and the Pine Valley Mountains in the distance.
Each units features a kitchen, full bathroom, dining space, sleeping area, balcony or patio, and outdoor cooking amenities, all allowing for comfort and convenience in an extended stay model.
Additionally, each unit is freestanding with no shared neighboring walls to provide for a higher level or privacy and comfort.
Common area amenities include: fire pits, event pavilion, newly added pool area, guest laundry, abundant parking, EV charging, and trail access to Confluence Park.
Property Facts
| Price | $5,790,000 | Building Size | 9,614 SF |
| Price Per Room | $340,588 | No. Rooms | 17 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 2020 |
| Property Subtype | Hotel | Parking Ratio | 3.12/1,000 SF |
| Building Class | B | Corridor | Exterior |
| Lot Size | 1.79 AC |
| Price | $5,790,000 |
| Price Per Room | $340,588 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.79 AC |
| Building Size | 9,614 SF |
| No. Rooms | 17 |
| No. Stories | 2 |
| Year Built | 2020 |
| Parking Ratio | 3.12/1,000 SF |
| Corridor | Exterior |
Amenities
- Balcony
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 4 | $314.00 | - |
| Guest Room | 13 | $289.00 | - |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $3,064,900 | |
| Land Assessment | $491,200 | Total Assessment | $3,556,100 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$491,200
Improvements Assessment
$3,064,900
Total Assessment
$3,556,100
zoning
| Zoning Code | C-1 (Commercial) |
| C-1 (Commercial) |
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The Dwellings at River Rock | 452 S State St
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