Property summary
This exceptional investment opportunity presents a fee-simple interest in a well-maintained 116-key Days Inn & Suites hotel located in Kanab, Utah, zip code 84740. Situated in Piute County, this property boasts outstanding historical performance, with room revenue exceeding $958,000 in 2021 and surpassing $1,007,000 in 2022. Detailed profit and loss statements are available for 2018, 2019, 2020, and 2021, providing a comprehensive financial overview. The hotel's prime location offers unparalleled access to major tourist attractions. It's conveniently situated 29.6 miles from the renowned Zion National Park, 72.2 miles from Lake Powell in Arizona, and 83 miles from Antelope Canyon. This presents a unique opportunity to capitalize on the robust tourism industry in Southern Utah and Northern Arizona. The property is classified as a hospitality asset, specifically a hotel portfolio, and is offered as a fee-simple interest, meaning the buyer will own the property outright. The hotel is in excellent condition and represents a strong investment prospect for those seeking a proven, high-performing asset in a desirable location. Further details are available upon request.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
4 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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