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Hotel-Motel

Rodeway Inn & Suites Monticello

649 N Main St, Monticello, UT 84535

Listing Price: $2,750,000

Number of Rooms
40
RevPAR
$39
Gross SF
18,453
Price/Room
$68,750
Price/Gross SF
$149.03
Year Built
1996

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Rodeway Inn & Suites Monticello, a 40-key hotel located in Monticello, Utah. The hotel is ideally located off of U.S. Route 191 and features amenities including a business center, continental breakfast, and guest laundry facilities.

Nestled at the base of the scenic Abajo Mountains, the hotel is walking distance from the Monticello Utah Temple (LDS). The property is also one hour from popular Canyonlands and Arches National Parks and the mountain-biking mecca of Moab. It is one to two hours away from top points of interest including Newspaper Rock, with its well-preserved petroglyphs and Moki Dugway, a spectacular 4WD-road carved into a hillside in the Valley of the Gods. Also within reach are Natural Bridges National Monument and the iconic Monument Valley, both under two hours from the hotel.

Investment Highlights

  • Property Includes a General Manager's House for Additional Cost
  • Ideally Located off of U.S. Route 191
  • Within 1 Hour of Canyonlands, Arches National Park, and Moab

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s) UT: 6250302-PB00

    Utah

Financing By

Hotel-Motel

Rodeway Inn & Suites Monticello

Listing Price: $2,750,000

Number of Rooms
40
RevPAR
$39
Gross SF
18,453
Price/Room
$68,750
Price/Gross SF
$149.03
Year Built
1996

Investment Highlights

  • Property Includes a General Manager's House for Additional Cost
  • Ideally Located off of U.S. Route 191
  • Within 1 Hour of Canyonlands, Arches National Park, and Moab

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Rodeway Inn & Suites Monticello, a 40-key hotel located in Monticello, Utah. The hotel is ideally located off of U.S. Route 191 and features amenities including a business center, continental breakfast, and guest laundry facilities. Nestled at the base of the scenic Abajo Mountains, the hotel is walking distance from the Monticello Utah Temple (LDS). The property is also one hour from popular Canyonlands and Arches National Parks and the mountain-biking mecca of Moab. It is one to two hours away from top points of interest including Newspaper Rock, with its well-preserved petroglyphs and Moki Dugway, a spectacular 4WD-road carved into a hillside in the Valley of the Gods. Also within reach are Natural Bridges National Monument and the iconic Monument Valley, both under two hours from the hotel.

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s): UT: 6250302-PB00

    Utah

Financing By

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