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Property profile

25 Ut-24 Hanksville, UT 84734

OFF-MARKET
Hospitality properties
7,704 SF 4.95 ac lot Built 1995
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Property summary

AI-generated overview

This exceptional 16-unit hotel, known as the Cathedral Valley Inn, presents a compelling value-add investment opportunity in Hanksville, Utah. Situated on a 4.95-acre lot at 25 UT-24, this two-story, 7,704-square-foot property boasts 16 keys and a manager's apartment. Built in 1995 and renovated in 2017 and 2018, the Inn features an outdoor pool and jacuzzi. Currently operating seasonally, its prime location near Capital Reef National Park, Goblin Valley, Canyonlands Recreational Area, Henry Mountains, and San Rafael Swell offers significant potential for increased occupancy and revenue. The property is zoned Highway Commercial (APN: 03-0117-0013, 03-0117-0012) and is priced at $1,000,000 ($129.80/sq ft). The Inn's proximity to popular tourist destinations and its existing amenities provide a solid foundation for growth. Financial details are available upon execution of a non-disclosure agreement. Seller financing terms may be available. This is an ideal acquisition for owner-operators or passive investors seeking a strong return on investment in a rapidly growing tourism market. The property's location along scenic Highway 24 ensures high visibility and accessibility. The 16 rooms offer ample capacity to accommodate a diverse range of guests. Further information and demographic data can be found at the provided link.

Property profile

Verified
Property type Hospitality properties
Year built 1995
Total area 7,704 SF
Lot 4.95 ac (215,622 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

25 Ut-24 Hanksville, UT 84734
Hanksville metro
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Value estimations

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Owner & transaction history

Comparables

1 recent transactions · within 1.5 mi
Comparable in this city
1 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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