Comfort Inn Cedar City, UT 84720

This exceptional 89-key Comfort Inn & Suites hotel presents a lucrative investment opportunity in Vernal, Utah. Located conveniently near the Dinosaur National Monument and just 20 miles from the Colorado border, this property benefits from its proximity to a major tourist attraction and the robust economy of an oil town. The hotel boasts a strong track record of increasing revenue, with room revenue reaching $962,111.32 in 2021, $1,408,000 in 2022, and a remarkable $2,007,834 in 2023. This demonstrates significant growth potential and a healthy return on investment. The property is in excellent condition and offered as a fee simple interest. Detailed profit and loss statements are available for 2018, 2019, 2020, and 2021, providing comprehensive financial transparency for potential buyers. This turnkey operation is situated in Iron County, Utah, with a convenient address in Vernal, zip code 84720. The property's location east of Salt Lake City offers easy access to major transportation routes and a thriving regional market. This is a rare chance to acquire a well-established, high-performing hotel in a prime location with substantial growth potential. Contact us today to learn more about this exceptional investment opportunity.