Castle Valley Inn $1,195,000

The city of Moab surrounds visitors with the warmth and hospitality of a small resort town at the center of one of the most stunning red rock landscapes on Earth. Moab’s unique combination of beautiful red rock scenery and the cool waters of the Colorado River have made it one of the most sought after destinations in the southwest for lovers of the outdoors.

The Castle Valley Inn is an income opportunity for an investor with cash flow and lifestyle a priority. This property has a prime central location in the midst of several of Utah's highly renowned State and National Parks and the Colorado River. The beauty and serenity of this property in combination with its prime location provides the investor and clientele an escape from the city life and an introduction to the great outdoors.

The property has been recently renovated in 2009 with a new building containing two double occupancy bungalows, a 450 SF storage area and an additional room that could be used for additional income or live in help.

There are revenue increasing opportunities with the possibility to introduce group activities and arrangements such as: weddings, seminars, corporate retreats, etc.

Investment Highlights:

• Turnkey operation allows new owner immediate control over operations
• Sole hospitality business permitted in area preventing entry of competition
• Located in close proximity to some of Utah's most scenic destinations
• Maintains an average daily rate of $134 at an occupancy of 60-80% depending on season
• Owner willing to assist with operations for a contracted period for training purposes
• Potential for owner financing

Common Area Features:

• 5 acres of fully accessible well maintained fruit orchards
• Large dining room used to serve guests the included daily breakfast
• Outdoor viewing deck also used to serve breakfast
• Large common living room area, with large satellite TV, and DVD player
• Large six person hot tub

Room Amenities:
• One full private bathroom per unit
• Three of the units contain a small kitchen area with refrigerator, sink, microwave, and coffee maker
• All rooms have small refrigerator, coffee maker, hair dryer, and phone with data port
• Each unit has a TV monitor with DVD player and access to a large selection of free DVD rental
• Free property wide Wi-Fi access
• Free use of robes and spa slippers

*Property is listed by Ray Germain in association with Richard Bird.
**Please contact Ray at anytime with inquiries on this listing.
**Financial information may be obtained from Broker upon serious inquiries only.
Ray Germain
Phone: 702-241-4683
Email: ray_germain@yahoo.com