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2555 N Freeway Dr
Cedar City, UT 84721
Travelodge Cedar City · Hospitality Property For Sale · 19,000 SF
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built/Renovated | 1986/1996 |
| Building Class | C | Parking Ratio | 5/1,000 SF |
| Lot Size | 1.20 AC | Corridor | Exterior |
| Building Size | 19,000 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.20 AC |
| Building Size | 19,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1986/1996 |
| Parking Ratio | 5/1,000 SF |
| Corridor | Exterior |
Amenities
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
About 2555 N Freeway Dr , Cedar City, UT 84721
NEW - LOW CASH PRICE! Travelodge - Cedar City The Seller has agreed to a significant price reduction for a quick sale. This works out to be a 12.2% CAP rate, only $16,388 per unit, and a2.6 Xs Grs Revenue (2017 numbers). The Travelodge Hotel consists of 36 Units in one L shaped building that totals approximately 19,000 sqft. The property amenities include; a Jacuzzi suite, a pool, guest laundry facilities, additional 1/2 acre oversize' parking area, and free internet access. The property pricing increased due to work being done by the owner (i.e. painting, room upgrades, etc...), and is structurally sound and is operational day one. The property is located just west of Interstate 15, exit #62 at the north end of Cedar City, Utah. The property faces I-15 on the west frontage road. This property has great exposure to I-15 and with some additional signage could greatly enhance it overnight tourism business.
PROPERTY TAXES
| Parcel Number | B-0001-0031-0000 | Improvements Assessment | $1,036,278 |
| Land Assessment | $138,139 | Total Assessment | $1,174,416 |
PROPERTY TAXES
zoning
| Zoning Code | Commercial |
| Commercial |
