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Rodeway Inn Vernal 590 W Main St 41 Room Hotel Vernal, UT 84078 $1,580,000 ($38,537/Room)
EXECUTIVE SUMMARY
Vernal Inn in Vernal, Utah, presents a fantastic investment opportunity with strong future potential. Strategically located in the heart of the city, this well-maintained hotel offers easy access to popular attractions like the Utah Field House of Natural History and Dinosaur National Monument. The property is tentatively set to become a Choice Hotel-Rodeway Inn, with $75,000 in key money and minimal PIP requirements. With no new hotel construction planned in the area, Vernal Inn stands out as a solid investment in a growing market.
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
PROPERTY FACTS
| Price | $1,580,000 | Building Size | 38,432 SF |
| Price Per Room | $38,537 | No. Rooms | 41 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1980/2024 |
| Property Subtype | Hotel | Parking Ratio | 1.33/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 1.28 AC | ||
| Zoning | CC1 - Commercial | ||
| Price | $1,580,000 |
| Price Per Room | $38,537 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.28 AC |
| Building Size | 38,432 SF |
| No. Rooms | 41 |
| No. Stories | 2 |
| Year Built/Renovated | 1980/2024 |
| Parking Ratio | 1.33/1,000 SF |
| Corridor | Exterior |
| Zoning | CC1 - Commercial |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 41 | $90.00 | - |
1 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $493,484 | |
| Land Assessment | $443,437 | Total Assessment | $936,921 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$443,437
Improvements Assessment
$493,484
Total Assessment
$936,921
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Rodeway Inn Vernal | 590 W Main St
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