Horizon Hotel 1624 W Highway 40 43 Room Hotel Vernal, UT 84078 $2,800,000 ($65,116/Room) 7.31% Cap Rate

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

PROPERTY FACTS

Price $2,800,000
Price Per Room $65,116
Sale Type Investment
Cap Rate 7.31%
Sale Condition Business Value Included
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 1.52 AC
Building Size 20,288 SF
No. Rooms 43
No. Stories 2
Year Built/Renovated 1997/2011
Parking Ratio 2.81/1,000 SF
Corridor Interior
Zoning CP1 - Planned Commercial Zone

AMENITIES

  • Business Center
  • Pool
  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 3 $109.00 -
Guest Room 40 $89.00 -

PROPERTY TAXES

  • Listing ID: 35276703

  • Date on Market: 3/27/2025

  • Last Updated:

  • Address: 1624 W Highway 40, Vernal, UT 84078