Monroe Inn

Monroe, Utah
theMonroeinnutah.com
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Property Type
Bed & Breakfast / Inn
Guest Rooms
6
Baths
6
Restaurant
Yes
Owners Quarters
Yes
Asking Price
$699,000

Occupancy Rate
60%
Average Daily Rate
$80
Gross Revenue
$175,000
Gross Revenue Multiplier
4

Property Overview

Want to live in a beautiful Central Utah town known as “The Little Green Valley” nestled between two mountain ranges, offering small town warmth, within walking distance from free City owned Hot Springs, also at the entrance to OHV trails, driving distance to Utah’s wonderful parks AND halfway stop between LA and Colorado. The Monroe Inn is your opportunity. This historic brick building built in 1904 has four units, each with private baths. One has a full kitchen. The home next door has two units plus living quarters for owner. PLUS approved restaurant space ready to serve.


Property Description

Two houses on Main Street, Monroe, Utah.


Business Description

This business affords much room for growth with the restaurant, catering and event opportunities. Rooms rent from $75 to $155 at present with potential of over 175K at 60% occupancy and meals. This does not include income from restaurant or events. Visit our website Monroeinnutah.com or view more pictures or more pictures @monroeinnut.


Reason for Selling

Retirement.


Terms & Asking Price