647 S Main St
Richfield, UT 84701
Richfield Inn · Hospitality Property For Sale
·
19,816 SF
PROPERTY FACTS
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.55 AC |
| Construction Status | Converted |
| Building Size | 19,816 SF |
| No. Stories | 2 |
| Year Built | 1978 |
| Parking Ratio | 2.73/1,000 SF |
| Corridor | Interior |
AMENITIES
- Fitness Center
- Pool
- Meeting Event Space
ABOUT 647 S MAIN ST , RICHFIELD, UT 84701
NAI Excel Hospitality has been retained to exclusively represent the owner in the sale of this 38 room Motel 6 build in 1975. The property is located in Richfield, UT; South Central Utah's largest city and a popular recreation destination for outdoor enthusiasts in Utah. This Motel 6 is located on Main Street in the heart of downtown Richfield. The City of Richfield is located along I-70, a major east west corridor with over 8,700 daily traffic counts. The property had a 2017 room revenue over $309,760 and is priced under replacement cost at $28,974/per key. This is the perfect opportunity for a new or existing operator to enter into a nationally franchised, interior-corridor property with great revenue performance. There is a strong upside potential with the adjacent unused restaurant and group meeting place. Visit http://helloarti.com/view/28298 for additional information and financials.
PROPERTY TAXES
| Parcel Number | 1-8-11 | Improvements Assessment | $0 |
| Land Assessment | $306,500 | Total Assessment | $306,500 |
