1170 S COVE VIEW RD Active Save Request In-Person Tour Request Virtual Tour
Richfield,UT 84701
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
Year Built 1978
Annual Tax Amount $8,037
Lot Size 1.000 Acres
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
Exterior
Utilities Available Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected
View Y/N Yes
View Mountain(s)
Building
Lot Description View: Mountain
Sewer Sewer: Connected
Water Culinary
Structure Type Brick
New Construction No
Schools
Elementary Schools Ashman
Middle Schools Red Hills
High Schools Richfield
School District Sevier