16
See all 16 photos
$1,100,000
Est. payment /mo
1 Acres Lot
Active
1170 S COVE VIEW RD Richfield, UT 84701
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Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2097444
Construction Status Blt./Standing
HOA Y/N No
Year Built 1978
Annual Tax Amount $8,037
Lot Size 1.000 Acres
Acres 1.0
Lot Dimensions 0.0x0.0x0.0
Property Sub-Type Hotel/Motel
Property Description
Investment Opportunity The Royal Inn Don't miss this rare opportunity to own a 24-room motel located in a growing and increasingly popular area of town. This well-maintained property offers strong current income with significant upside potential as the surrounding community continues to expand. With high occupancy this property is already a solid performer. There's ample room for revenue growth as updates and enhancements are made to the guest rooms and amenities. Whether you're a seasoned investor or new to hospitality, the Royal Inn offers a stable cash flow and the chance to increase returns through strategic improvements. A solid investment in a prime location-schedule your private tour today and explore the full potential of this hospitality gem. Seller is a licensed Real Estate Broker.
Location
State UT
County Sevier
Area Central Sevier
Interior
Fireplace No
Exterior
View Y/N No
Present Use Commercial
Private Pool No
Building
New Construction No
Construction Status Blt./Standing
Others
Senior Community No
Tax ID 6-65-1
Listed by Coldwell Banker Preferred Properties
Troy Moultrie
ASSOCIATE BROKER | UTAH LUXURY REALTOR | License ID: 11195148-AB00
+1(435) 327-5545 | troy@utahluxteam.com