www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
34082402
34082381

245 Wendover Boulevard, Wendover, UT 84083

TB
UT 7961776-AB00
KW South Valley Keller Williams
Listed by KW South Valley Keller Williams
$5,800,000
1 day on market
Updated 1 day ago

Quality Inn Stateline

Details
APN 01-266-0-0008
Property Type Hospitality
Sub Type Hotel
Square Footage 43,568
Units 100
Cap Rate 13.38%
NOI $776,228
Occupancy 50.3%
Tenancy Single
Brand/Tenant Quality Inn
Price per SqFt $133
Class C
Year Built 1981
Year Renovated 2023
Buildings 1
Stories 2
Acreage 3.010
Zoning C5-5
Investment Type Stabilized
Occupancy Date 12/31/2025
Ownership Dhesmesh Pita Hospitality LLC - fee simple, owner-operated
Sale Condition For sale by owner

Hospitality | 98 Keys | $59,184/key

Marketing description

Apex CRES is pleased to present the exclusive offering of the Quality Inn Stateline, a 98-key, exterior-corridor select-service hotel located directly on Wendover Boulevard in Wendover, Utah — the last exit on Interstate 80 before the Nevada state line and the West Wendover casino district. The Property operates under a Choice Hotels International franchise and has delivered three consecutive years of stable seven-figure revenue with owner-reported net income growing from $613,074 in 2023 to $776,228 in 2025.

The hotel serves a durable, diversified demand base: casino visitation from the five-casino West Wendover gaming market immediately across the state line, year-round Interstate 80 transient traffic between Salt Lake City and Reno, motorsports and event demand from the Bonneville Salt Flats (approximately ten minutes away), and group, government, and crew business supported by FEMA-approved status and dedicated truck parking.

The Quality Inn Stateline is a low-rise, exterior-corridor hotel on East Wendover Boulevard, the primary commercial artery of Wendover, Utah, with direct visibility and access from Interstate 80 (Exit 410 corridor). The Property offers 98 rentable guestrooms in a mix of single- and double-bedded configurations, complimentary hot breakfast, a seasonal outdoor pool and hot tub, free WiFi, and extensive surface parking with dedicated truck and oversized-vehicle spaces — an important amenity for the I-80 commercial-driver segment.

Investment highlights

  • Market-leading RevPAR performance. Full-year 2025 RevPAR index (RGI) of 113.5 and occupancy index (MPI) of 120.6 versus a five-property, 345-room competitive set — the hotel captures well more than its fair share of area demand.

  • Growing bottom line. Owner-reported net income rose 27% over the past two years — $613K (2023) → $686K (2024) → $776K (2025) — a 47.8% net income margin in 2025.

  • Irreplaceable border location. Positioned on the Utah side of the state line, minutes from the Peppermill, Montego Bay, Rainbow, Wendover Nugget, and Red Garter casinos, capturing value-oriented gaming visitors at a lower price point than Nevada-side lodging.

  • Bonneville Salt Flats event demand. Speed Week and other land-speed racing events generate compressed, high-rate demand each season; the Salt Flats are also a film-production and tourism draw.

  • ADR upside. 2025 ADR of $92.57 trailed the competitive set ($98.33, ARI 94.1), indicating room to push rate through revenue management, channel mix, and targeted renovation.

  • Healthy brand standing. March 2025 Choice QA review: PASS at 82.8% (up from 79.8%), guest Likelihood-to-Recommend of 8.04 versus a 7.28 brand average, and zero critical items missed.

  • Owner-operated efficiency with professionalization upside. Current operations carry no third-party management fee; an investor can underwrite professional management, e-commerce optimization, and dynamic pricing as incremental levers.

Listing Contacts

TB
UT 7961776-AB00
KW South Valley Keller Williams
Listed by KW South Valley Keller Williams

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$776,228.00
$64,685.67/mo

Valuation Metrics

0
DSCR
13.38%
Cap Rate
13.38%
ROI

Map

Zoning

Intelligence Badge
C2 CommercialGeneral CommercialHeavy Commercial
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 135 uses
View all 135 uses
Last updated Jan 29, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Trent Bright
License
7961776-AB00
Brokerage
KW South Valley Keller Williams
Brokerage Phone
(385)217-4005
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591