452 S State St - Hospitality FOR SALE


La Verkin, UT 84745
$5,290,000 USD
435-313-7007
452 S State St, La Verkin, UT for Sale
$5,290,000 USD
Hospitality - FOR SALE
1/13
null | Request Cap Rate

452 S State St
La Verkin, UT 84745


HIGHLIGHTS

  • Features a mix of studio and one-bedroom units
  • Unique and magnificent West-Facing vies of the Virgin River
  • Situated right below the Pine Valley Mountains
  • Units included kitchens, full bathrooms, dining space, sleeping areas, and outdoor seating.

OVERVIEW

A mix of studio layouts along with 4 larger one bedroom & bunk loft layouts for a total of 18 units. All Dwellings feature unique and magnificent west facing views of the Virgin River gorge below and the Pine Valley Mountains in the distance. Each units features a kitchen, full bathroom, dining space, sleeping area, balcony or patio, and outdoor cooking amenities, all allowing for comfort and convenience in an extended stay model. Additionally, each unit is freestanding with no shared neighboring walls to provide for a higher level or privacy and comfort. Common area amenities include: fire pits, event pavilion, newly added pool area, guest laundry, abundant parking, EV charging, and trail access to Confluence Park.

FOR SALE DETAILS

PRICE

$5,290,000 USD

PRICE/SF

$550 USD /SF

# OF ROOMS

17

PRICE/ROOM

$311,176 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Dwellings at River Rock

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

2020

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.79 AC

LAND SF

77,972 SF

ZONING

C-1

APN/PARCEL ID

0085756,0385453,0455454

ASK ABOUT THIS PROPERTY

Steve KempVantage Real EstateMore Info
435-313-7007

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Steve KempVantage Real EstateMore Info
435-313-7007

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.