250 1100Cedar City, UT 84721

Property Details for 250 1100

Lot size

0.20 AC

Property type

Land

Property subtype

Commercial land

APN

B-0008-0003-0000

APU

B000800030000

Description

This exceptional 88-key hotel, the Quality Inn Cedar City - University Area, presents a compelling investment opportunity in the thriving Cedar City, Utah market. Priced at $6,150,000, this two-story property boasts 64,738 square feet situated on a 2.15-acre lot. Built in 1984 and renovated in 2004, the hotel offers a blend of established infrastructure and updated amenities. The property features 101 parking spaces, catering to the needs of guests and staff. Its convenient location at 250 N 1100 W, Cedar City, UT 84721, provides easy access to Interstate 15, attracting both leisure and business travelers. The hotel's amenities include a fitness center and a seasonal outdoor pool, complemented by a complimentary breakfast service. The HS zoning designation ensures flexibility for future operations. Cedar City's vibrant events calendar and proximity to numerous parks contribute to consistent occupancy rates, making this a strong performer in a growing market. This established hotel offers a solid foundation for continued success and significant return on investment. The property's size, amenities, and location combine to create a compelling opportunity for discerning investors seeking a profitable hospitality venture in a desirable location.

• Alternative Use

  Use

  Valuation

  Residential

  $2,671,880

  Hospitality

  $2,447,428

  Educational

  $2,036,231

  Medical

  $2,106,260

  Retail

  $3,167,471

Location Insight

City

Cedar City

County

Iron

State

Utah

Latitude

37.6826

Longitude

-113.077

CBSA code

16260

CBSA name

CEDAR CITY, UT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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