670 E Highway 24 | Torrey, UT 84775
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- LoopNet Team
670 E Highway 24
Torrey, UT 84775
Red Sands Hotel · Hospitality Property For Sale
·
50,000 SF
INVESTMENT HIGHLIGHTS
- 65-room boutique hotel and spa with a full-service restaurant and bar and a multi-million dollar expansion completed in 2019.
- Multiple Soft Brand conversions available with interest from Best Western Signature Collection and TradeMark by Wyndham.
- Value-add operational upside for a prospective hands-on owner-operator investor.
- Positioned on expansive ±4.5-acre parcel with horse pasture, walking paths, and beautifully landscaped.
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 50,000 SF |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1990/2019 |
| Lot Size | 4.45 AC | Corridor | Interior |
| Zoning | Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 4.45 AC |
| Building Size | 50,000 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1990/2019 |
| Corridor | Interior |
| Zoning | Commercial |
AMENITIES
- Pool
- Meeting Event Space
PROPERTY TAXES
| Parcel Number | 02-0039-0889 | Improvements Assessment | $4,538,772 |
| Land Assessment | $274,313 | Total Assessment | $4,813,085 |
PROPERTY TAXES
Parcel Number
02-0039-0889
Land Assessment
$274,313
Improvements Assessment
$4,538,772
Total Assessment
$4,813,085
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