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- LoopNet Team
838 Westwood Blvd
Price, UT 84501
SureStay Plus by Best Western Price · Hospitality Property For Sale · 89,262 SF
Investment Highlights
- Full Service Operation with Upside Potential
- Potential Extended Stay Conversion
- Record Setting Revenue Numbers
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1984/2023 |
| Building Class | B | Parking Ratio | 2.63/1,000 SF |
| Lot Size | 5.20 AC | Corridor | Interior |
| Building Size | 89,262 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 5.20 AC |
| Building Size | 89,262 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1984/2023 |
| Parking Ratio | 2.63/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- Room Service
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
About 838 Westwood Blvd , Price, UT 84501
Strong Revenue and Upside Potential Even in the midst of the Covid-19 difficulties this property has continued to perform exceptionally well by maintaining strong revenue numbers through the unforeseen pandemic. In fact, this property is outperforming most the the prior years and continues to show record growth in several categories. Strong Performing Branded Asset The Ramada offers prospective buyers the opportunity to acquire a Wyndham branded asset in the local market. Ramada is a large American multinational hotel chain owned by Wyndham Hotels and Resorts. As of December 31, 2018, it operates 811 hotels with 114,614 rooms across 63 countries under the Ramada brand. Unencumbered by Management The hotel is ideally offered unencumbered by management, providing a buyer with full optionality, including new management. High Visibility In-Town Location The Ramada boasts an excellent Highway 6 location, which is the main travel way in Eastern Utah, mostly between Salt Lake City, UT and Moab, UT.
PROPERTY TAXES
| Parcel Number | 01-2661-0000 | Improvements Assessment | $7,271,071 |
| Land Assessment | $72,027 | Total Assessment | $7,343,098 |
PROPERTY TAXES
zoning
| Zoning Code | C1 (General Commercial District) |
| C1 (General Commercial District) |
Learn More About Investing in Hospitality Properties
