Rim Rock Inn & Restaurant 2523 UT-24 31 Room Hotel Torrey, UT 84775 $7,331,967 CAD ($236,515 CAD/Room) 7.09% Cap Rate

The Rim Rock Inn and Restaurant, with its rich history, is part of the fabric of Torrey. Located close to the entrance of Capitol Reef National Park and near the heart of Torrey, it is gifted with amazing, inspirational views. The superb location attracts customers from every state and every country.
Only 3% of Wayne County is private land, thus making this huge space of ten acres on Highway 24, in close proximity to the National Park, extremely valuable. While the business functions very well with the Inn, Restaurant, cabins and another restaurant, The Patio, the possibility for expansion is substantial. All the buildings and equipment are in good repair and have been consistently maintained. This is an excellent opportunity to purchase a thriving, turn-key business in an extremely beautiful tourist spot.
There are 31 rooms, including newer cabins and a spacious suite above the Patio. The accommodations are available from April 1 to October 26 and have a 77% occupancy rate for the season. An attractive feature of the main building of the Inn is an office with an Innkeeper's apartment above. The restaurant with the fine dining menu, is well-liked by both local and tourist customers. The Patio is a more casual eating spot, with a huge outdoor space, making it possible to eat outside and enjoy the fabulous view.
More detailed information and financial figures are available. Please email me, Cathy Bagley, at cathy@bouldermountainrealty.com, to request a complete packet.