Unnamed Hotel 1 @ Zion Sunset Development 393 W Highway 9 72 Room Hotel Virgin, UT 84779 $6,000,000 ($83,333/Room)

INVESTMENT HIGHLIGHTS

  • Multi-family project short term and/or monthly rental allowed
  • Rough grading done with utilities Stubbed to Property
  • 200 | 3-4 bed units (132 ± fit in current layout)

EXECUTIVE SUMMARY

Multi-family project short-term and/or monthly rental allowed. Rough grading was done with all utilities stubbed to the property. 200, 3-4 bed units approved, up to 3 stories high. Zoning and conditional use permits are complete.

PROPERTY FACTS

Price $6,000,000
Price Per Room $83,333
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.99 AC
Construction Status Under Construction
Building Size 36,000 SF
No. Rooms 72
No. Stories 3
Year Built 2025
Corridor Interior
Zoning HR - Highway Resort Zone

AMENITIES

  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 72 $164.00 -

PROPERTY TAXES

  • Listing ID: 30275603

  • Date on Market: 12/4/2023

  • Last Updated:

  • Address: 393 W Highway 9, Virgin, UT 84779