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$1,100,000

Est. payment - /mo

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24 Beds

24 Baths

13,014 SqFt

New

1170 S COVE VIEW RD Richfield, UT 84701

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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

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Brian Olsen

brian@dreams2realtor.com +1(801) 686-0633

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Key Details

Property Type Multi-Family

Sub Type > 4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 13,014 sqft

Price per Sqft $84

MLS Listing ID 2098075

Style Side By Side

Bedrooms 24

Construction Status Blt./Standing

HOA Y/N No

Year Built 1978

Annual Tax Amount $8,037

Lot Size 1.000 Acres

Acres 1.0

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type > 4 Units

Property Description

Investment Opportunity The Royal Inn Don't miss this rare opportunity to own a 24-room motel located in a growing and increasingly popular area of town. This well-maintained property offers strong current income with significant upside potential as the surrounding community continues to expand. With high occupancy this property is already a solid performer. There's ample room for revenue growth as updates and enhancements are made to the guest rooms and amenities. Whether you're a seasoned investor or new to hospitality, the Royal Inn offers a stable cash flow and the chance to increase returns through strategic improvements. A solid investment in a prime location-schedule your private tour today and explore the full potential of this hospitality gem. Seller is a licensed Real Estate Broker.

Location

State UT

County Sevier

Area Central Sevier

Zoning Commercial

Interior

Flooring Carpet, Linoleum

Fireplace false

Exterior

Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected

View Y/N Yes

View Mountain(s)

Present Use Residential

Topography View: Mountain

Total Parking Spaces 40

Private Pool false

Building

Lot Description View: Mountain

Sewer Sewer: Connected

Water Culinary

Structure Type Brick

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Ashman

Middle Schools Red Hills

High Schools Richfield

School District Sevier

Others

Senior Community No

Tax ID 6-65-1

Ownership Agent Owned

Horse Property No

Listed by Coldwell Banker Preferred Properties

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Brian Olsen

Agent | License ID: 11972802-SA00

+1(801) 686-0633

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1170 S COVE VIEW RD Richfield, UT 84701

Brian Olsen

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1170 S COVE VIEW RD