52-Room Independent Hotel for Sale in Moab, Utah

This listing presents a 52-room independent hotel, the Red Stone Inn, located in the heart of downtown Moab, Utah. The property offers pet-friendly accommodations and essential in-room amenities such as refrigerators, coffee makers, and microwaves. Its prime location is a significant advantage, situated in a vicinity where no competing hotels are slated for development. Moab's accessibility via major highways makes it an attractive destination for regional and national visitors, enhancing the hotel's market reach. The hotel was built in 1992 and is being offered for sale with an asking price of $7,000,000. While Gross Revenue and Net Operating Income are not disclosed, the property is listed as 'Established' business real estate.