1170 S COVE VIEW RD new

Richfield,UT 84701

$ 1100000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2097444

Construction Status Blt./Standing

HOA Y/N No

Year Built 1978

Annual Tax Amount $8,037

Lot Size 1.000 Acres

Acres 1.0

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Hotel/Motel

Property Description

Investment Opportunity The Royal Inn Don't miss this rare opportunity to own a 24-room motel located in a growing and increasingly popular area of town. This well-maintained property offers strong current income with significant upside potential as the surrounding community continues to expand. With high occupancy this property is already a solid performer. There's ample room for revenue growth as updates and enhancements are made to the guest rooms and amenities. Whether you're a seasoned investor or new to hospitality, the Royal Inn offers a stable cash flow and the chance to increase returns through strategic improvements. A solid investment in a prime location-schedule your private tour today and explore the full potential of this hospitality gem. Seller is a licensed Real Estate Broker.

Location

State UT

County Sevier

Area Central Sevier

Interior

Fireplace No

Exterior

View Y/N No

Present Use Commercial

Private Pool No

Building

New Construction No

Construction Status Blt./Standing

Others

Senior Community No

Tax ID 6-65-1

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