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Broken Spur Inn & Steakhouse 995 E 24 sr 60 Room Hotel Torrey, UT 84775 $9,300,000 ($155,000/Room) 8.43% Cap Rate
INVESTMENT HIGHLIGHTS
- 60 room full-service hospitality property and steakhouse at the entrance to Capitol Reef National Park.
- Professional management in place for investment buyers.
- Turn Key property. Fully renovated in 2024 with no deferred maintenance.
- Property includes expansion lands and entitlements.
EXECUTIVE SUMMARY
60 room full-service hospitality property located at the entrance to Capitol Reef National Park.
Professional management in place for investment buyers.
Excellent upside potential. Property includes expansion lands approved for 16 additional high-revenue covered wagons or detached mini-homes.
Fully renovated in 2024 with no deferred maintenance. (All asphalt is scheduled to be resurfaced in June)
Highly reviewed property and steakhouse.
Capitol Reef is a newly discovered growing national park with over 1.4 million visitors in 2024
Professional management in place for investment buyers.
Excellent upside potential. Property includes expansion lands approved for 16 additional high-revenue covered wagons or detached mini-homes.
Fully renovated in 2024 with no deferred maintenance. (All asphalt is scheduled to be resurfaced in June)
Highly reviewed property and steakhouse.
Capitol Reef is a newly discovered growing national park with over 1.4 million visitors in 2024
PROPERTY FACTS
| Price | $9,300,000 | Lot Size | 5.62 AC |
| Price Per Room | $155,000 | Building Size | 18,550 SF |
| Sale Type | Investment | No. Rooms | 60 |
| Cap Rate | 8.43% | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1990/2024 |
| Property Subtype | Hotel | Parking Ratio | 3.29/1,000 SF |
| Building Class | B | Corridor | Exterior |
| Zoning | BCI | ||
| Price | $9,300,000 |
| Price Per Room | $155,000 |
| Sale Type | Investment |
| Cap Rate | 8.43% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 5.62 AC |
| Building Size | 18,550 SF |
| No. Rooms | 60 |
| No. Stories | 2 |
| Year Built/Renovated | 1990/2024 |
| Parking Ratio | 3.29/1,000 SF |
| Corridor | Exterior |
| Zoning | BCI |
AMENITIES
- Pool
- Restaurant
- High Speed Internet Access
- Patio
- Boutique/Lifestyle Hotel
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 12 | $211.00 | - |
| Guest Room | 48 | $174.00 | - |
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Broken Spur Inn & Steakhouse | 995 E 24 sr
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