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Broken Spur Inn & Steakhouse 995 E 24 sr 60 Room Hotel Torrey, UT 84775 $12,982,056 CAD ($216,368 CAD/Room) 8.43% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 60 room full-service hospitality property and steakhouse at the entrance to Capitol Reef National Park.
  • Professional management in place for investment buyers.
  • Turn Key property. Fully renovated in 2024 with no deferred maintenance.
  • Property includes expansion lands and entitlements.

EXECUTIVE SUMMARY

60 room full-service hospitality property located at the entrance to Capitol Reef National Park.
Professional management in place for investment buyers.
Excellent upside potential. Property includes expansion lands approved for 16 additional high-revenue covered wagons or detached mini-homes.
Fully renovated in 2024 with no deferred maintenance. (All asphalt is scheduled to be resurfaced in June)
Highly reviewed property and steakhouse.
Capitol Reef is a newly discovered growing national park with over 1.4 million visitors in 2024

PROPERTY FACTS

Price $12,982,056 CAD
Price Per Room $216,368 CAD
Sale Type Investment
Cap Rate 8.43%
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 5.62 AC
Building Size 18,550 SF
No. Rooms 60
No. Stories 2
Year Built/Renovated 1990/2024
Parking Ratio 3.29/1,000 SF
Corridor Exterior
Zoning BCI

AMENITIES

  • Pool
  • Restaurant
  • High Speed Internet Access
  • Patio
  • Boutique/Lifestyle Hotel
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 12 $294.54 CAD -
Guest Room 48 $242.89 CAD -
  • Listing ID: 35775238

  • Date on Market: 2025-05-07

  • Last Updated:

  • Address: 995 E 24 sr, Torrey, UT 84775

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