Red Lion Hotel & Conference Center St. George 850 S Bluff St
164 Room Hotel Saint George, UT 84770 $18,375,000 ($112,043/Room)
EXECUTIVE SUMMARY
Discover an exceptional investment opportunity in the heart of St. George! The Red Lion Hotel and Conference Center offers unmatched potential, boasting a prime location near some of Utah's most iconic attractions, including Zion National Park, Snow Canyon State Park, and a variety of outdoor recreation and cultural destinations.
With its convenient access to I-15, this property is perfectly positioned to cater to both travelers and locals. The facility includes spacious guest accommodations, versatile conference spaces, and a range of amenities, making it an ideal candidate for continued hospitality use or conversion into apartment living.
The growing demand for residential housing in St. George, coupled with this property's generous layout and excellent location, makes it a promising option for redevelopment into modern, desirable apartments.
With its convenient access to I-15, this property is perfectly positioned to cater to both travelers and locals. The facility includes spacious guest accommodations, versatile conference spaces, and a range of amenities, making it an ideal candidate for continued hospitality use or conversion into apartment living.
The growing demand for residential housing in St. George, coupled with this property's generous layout and excellent location, makes it a promising option for redevelopment into modern, desirable apartments.
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
PROPERTY FACTS
| Price | $18,375,000 |
| Price Per Room | $112,043 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 5.19 AC |
| Building Size | 100,503 SF |
| No. Rooms | 164 |
| No. Stories | 2 |
| Year Built/Renovated | 1984/2021 |
| Parking Ratio | 3.4/1,000 SF |
| Corridor | Interior |
AMENITIES
- Pool
- Restaurant
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Hot Tub
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 7 | $124.00 | - |
| Guest Room | 157 | $109.00 | - |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $4,482,700 | |
| Land Assessment | $3,666,900 | Total Assessment | $8,149,600 |
ZONING
| Zoning Code | C-2, City (City Commercial) |
