Best Western Inn Tooele
Hospitality | 9.50% CAP | 30 Keys
Marketing description
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.
Investment highlights
INVESTMENT HIGHLIGHTS
• Ideal for an owner/operator - Entry-level hotel
• Priced at 4.19X Room Revenue Multiplier
• Priced at a 9.86 Capitalization Rate
• Tooele is Located 34 Miles Southwest of Salt Lake City
• Diverse Demand Generators - Tooele Army Depot, Burt Brother’s Motorpark, Energy & Mining, Leisure Travel.
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