Rodeway Inn & Suites Monticello, UT 84535
- Hospitality properties
- 1 SF
Current Use by Public Records
- Hospitality properties
Property Details for 0 Rodeway Inn & Suites
- Property size
- 1 SF
- Property type
- Hospitality properties
- Property subtype
- Hotels
Description
This fee-simple interest offering presents a unique opportunity to acquire a 40-key Rodeway Inn & Suites hotel in Monticello, Utah. Strategically located in the Four Corners area, this property enjoys proximity to major tourist attractions, including Arches National Park (58.7 miles), Canyonlands National Park (45.5 miles), Moab, UT (53.1 miles), and Monument Valley (98 miles). The hotel's strong performance is evidenced by its consistent room revenue generation: $576,894.31 in 2021, $490,000 in 2022, and $464,631 in 2023. Detailed profit and loss statements for 2018, 2019, 2020, and 2021 are available upon request, providing a comprehensive financial overview. This established hospitality business offers significant potential for growth and return on investment, capitalizing on the consistent influx of tourists drawn to the region's renowned natural beauty and outdoor recreation opportunities. The property's address is Rodeway Inn & Suites, Monticello, UT 84535. The total square footage is 1 square foot. This is a rare opportunity to own a well-established hotel in a high-demand tourist destination.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Monticello
- County
- San Juan
- State
- Utah
- Longitude
- -109.343
- Latitude
- 37.8818
