25 Ut-24Hanksville, UT 84734

Property Details for 25 Ut-24

Year built

1995

Lot size

4.95 AC

Property size (Sq ft)

7,704 SF

Property type

Hospitality properties

Property subtype

Other hospitality properties

Description

This exceptional 16-unit hotel, known as the Cathedral Valley Inn, presents a compelling value-add investment opportunity in Hanksville, Utah. Situated on a 4.95-acre lot at 25 UT-24, this two-story, 7,704-square-foot property boasts 16 keys and a manager's apartment. Built in 1995 and renovated in 2017 and 2018, the Inn features an outdoor pool and jacuzzi. Currently operating seasonally, its prime location near Capital Reef National Park, Goblin Valley, Canyonlands Recreational Area, Henry Mountains, and San Rafael Swell offers significant potential for increased occupancy and revenue. The property is zoned Highway Commercial (APN: 03-0117-0013, 03-0117-0012) and is priced at $1,000,000 ($129.80/sq ft). The Inn's proximity to popular tourist destinations and its existing amenities provide a solid foundation for growth. Financial details are available upon execution of a non-disclosure agreement. Seller financing terms may be available. This is an ideal acquisition for owner-operators or passive investors seeking a strong return on investment in a rapidly growing tourism market. The property's location along scenic Highway 24 ensures high visibility and accessibility. The 16 rooms offer ample capacity to accommodate a diverse range of guests. Further information and demographic data can be found at the provided link.

Location Insight

City

Hanksville

County

Wayne

State

Utah

Latitude

38.334

Longitude

-111.014

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].