Hotel Zion Inn

150 North State | La Verkin | Utah | 84745


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Confidentiality Agreement

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Property Highlights

  • Hotel Zion Inn The Hotel Zion Inn in La Verkin, UT, is a independent property that was originally built as a school and renovated into the Inn in 2017. Located on State Street and US Highway 17. This 2-story, 75-room, interior-corridor property was built in 1984 and has operated as an independent motel since current ownership took over. This property went through a full renovation beginning at the end of 2017 and was completed in 2018. The Hotel Zion Inn, is strategically surrounded by numerous State and National Parks such as Sand Hollow, Zions, Bryce, and Lake Powell. These are the main sources of income for this mighty independent motel, however guests are close enough to take an hour trip to Mesquite, Nevada for their gaming wants then return back and get ready for a new adventure in one of Southern Utah's beautiful landscapes.

Property Details

  • Available SF: 92,000 SF
  • Price: $ 8,000,000
  • Transaction Type: For Sale
  • Property Type: Hotel
  • Property Sub Type: Independent Motel
  • Building Size: 135,472 SF
  • Lot Size: 3.11 AC
  • Sale Type: Value Add
  • Building Class: B
  • Year Built: 1984
  • No. Stories: 2
  • Zoning Description: Comm
  • Availability: Active Listing

Property Description

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Minimal Property Improvement Plan

Hotel Zion is an independent motel, which requires no property improvement plan, however re branding and adding a national franchise would greatly benefit the new ownership. The reservation system that a national franchise has will increase the revenue year after year.

High Visibility Location Property Size

The Hotel Zion Inn in La Verkin, UT, is a independent property that was originally built as a school and renovated into the Inn in 2017. Located on State Street and US Highway 17. This 2-story, 75-room, interior-corridor property was built in 1984 and has operated as an independent motel since current ownership took over. This property went through a full renovation beginning at the end of 2017 and was completed in 2018.

The Hotel Zion Inn, is strategically surrounded by numerous State and National Parks such as Sand Hollow, Zions, Bryce, and Lake Powell. These are the main sources of income for this mightyindependent motel, however guests are close enough to take an hour trip to Mesquite, Nevada for their gaming wants then return back and get ready for a new adventure in one of Southern Utah’s beautiful landscapes.

The Right Business for You

This hotel is perfect for an owner operator or remote investor with the right management company in place. As one of the highest grossing independent motels in the area, one can speculate that revenue and occupancy is only going to rise with the massive amount of industry that is currently circulating in the area, and the amount of tourism that Southern Utah sees year after year, and adding a national franchise will increase the profitability of the motel substantially These factors alone make this area and property a destination, and owning such a lucrative asset would look amazing for your portfolio.

High Visibility Location

The Hotel Zion is in a prime location directly off of Highway 17 on the way to Hurricane Utah.

Property Size

The Hotel Zion Inn is a 2 Story, 75 Room Independent Motel situated on 3.75 acres, 135,472 SqFt, with a GBA of 92,000 SqFt, typical floor of 48,493 SqFt.

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Financial Summary

Investment Highlights

Price $0.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $0.00

 

Income & Expenses

Income
Potential
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Expense
Potential
Current
Total Expenses
$ 0.00
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Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

Rent Roll

Unit
BR/BA
Current Monthly Rent
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Status
Lease Expires

Totals

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