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Best Western Inn Tooele 365 N Main St 30 Room Hotel Tooele, UT 84074 $5,688,340 CAD ($189,611 CAD/Room) 9.86% Cap Rate
EXECUTIVE SUMMARY
Newmark Mountain West presents for sale the Best Western Inn Tooele located in Tooele, Utah. The Best Western Inn Tooele is a 30-room, midscale hotel on two floors with
interior and exterior corridors. The hotel will likely qualify for automatic transfer with Best Western, affording a new owner a turn-key investment opportunity. The hotel is stabilized and performs well within its comp set, and has a 4.5 rating on Tripadvisor. The Hotel is ideal for an owner/operator.
Tours are available by appointment only. Please contact the listing broker. It is understood that staff at the property should not be contacted directly.
interior and exterior corridors. The hotel will likely qualify for automatic transfer with Best Western, affording a new owner a turn-key investment opportunity. The hotel is stabilized and performs well within its comp set, and has a 4.5 rating on Tripadvisor. The Hotel is ideal for an owner/operator.
Tours are available by appointment only. Please contact the listing broker. It is understood that staff at the property should not be contacted directly.
PROPERTY FACTS
| Price | $5,688,340 CAD | Building Size | 25,208 SF |
| Price Per Room | $189,611 CAD | No. Rooms | 30 |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 9.86% | Year Built/Renovated | 1988/2019 |
| Property Type | Hospitality | Parking Ratio | 1.59/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | B | Opportunity Zone |
Yes
|
| Lot Size | 0.46 AC | ||
| Zoning | A-20 | ||
| Price | $5,688,340 CAD |
| Price Per Room | $189,611 CAD |
| Sale Type | Investment |
| Cap Rate | 9.86% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.46 AC |
| Building Size | 25,208 SF |
| No. Rooms | 30 |
| No. Stories | 2 |
| Year Built/Renovated | 1988/2019 |
| Parking Ratio | 1.59/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | A-20 |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 3 | $242.80 CAD | - |
| Guest Room | 27 | $221.98 CAD | - |
1 1
Walk Score®
Very Walkable (70)
PROPERTY TAXES
| Parcel Number | 02-036-0-0038 | Improvements Assessment | $0 CAD |
| Land Assessment | $283,664 CAD | Total Assessment | $283,664 CAD |
PROPERTY TAXES
Parcel Number
02-036-0-0038
Land Assessment
$283,664 CAD
Improvements Assessment
$0 CAD
Total Assessment
$283,664 CAD
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Best Western Inn Tooele | 365 N Main St
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