Current Use by Public Records
- Apartment buildings
Property Details for 0 Comfort Inn
- Property type
- Apartment buildings
Description
This exceptional fee-simple multifamily investment portfolio comprises four strategically located hotels in Utah. The portfolio includes a diverse range of properties, featuring an 89-room hotel in Vernal, near Dinosaur National Monument and the Colorado border, an oil-rich region. Another property, a 50-room hotel, is situated just five miles from Arches National Park, benefiting from the area's significant tourism. A 51-room hotel in Blanding offers proximity to Monument Valley and Canyonlands National Park, capitalizing on the region's natural attractions and annual events like the Jeep Safari and car shows. Finally, a 40-room hotel in Monticello, also in the Four Corners area, provides access to Arches and Canyonlands National Parks, and is situated within easy reach of Moab and Monument Valley. Each property presents a unique opportunity within a thriving tourism market, offering significant potential for growth and return on investment. The portfolio's diverse locations and room counts provide a balanced and resilient investment strategy, leveraging the popularity of Utah's national parks and surrounding attractions. This is a rare opportunity to acquire a well-positioned multifamily portfolio in a high-demand area.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Vernal
- County
- Uintah
- State
- Utah
- Longitude
- -109.574
- Latitude
- 40.4332
