Castle Valley Inn


Moab, UT   Offered for sale at $1,975,000
 

The Castle Valley Inn attracts guests from all over the world who fondly call the Inn, “the desert oasis”. Due to the demands of a growing family, the owners have decided to put the Inn on the market. The area is home to three world renown Parks: Arches National Park, Canyonlands National Park, and Dead Horse State Park. It is a mecca for photography, hiking, mountain biking, jeeping, river rafting, and rock climbing.

Set in red rock canyon country, the Inn is nestled in the heart of Castle Valley. The Inn is a rare opportunity in that it is the only hospitality business permitted in the area preventing entry of competition. It is situated 17 miles from the bustling town of Moab, the hub of the area’s activity. The drive from Moab to the Inn snakes along the Colorado River through the majestic canyon, an escape from the noise and busyness of Moab. For the convenience of our guests, there are two fine restaurants and a winery only 3 miles away. Set on 5 acres of irrigated green lawns shaded by an orchard, the Inn is a perfect getaway for travel weary guests. The hot tub offers guests breath-taking night skies and meteor showers; bird feeders attract exquisite hummingbirds and a host of other feathered varieties; apples bring an abundance of mule deer – in short – the Inn is a nature lovers paradise.

The Castle Valley Inn has an ADR of $192 and an annual occupancy of 55%. There is opportunity to increase the NOI as the past 2 seasons the current owners have hired Innkeepers/Managers to run the day to day operations of the Bed and Breakfast. In addition, the four larger suites are below the market average for the area. The Inn has 9 guest suites and can accommodate up to 24 guests. The Inn’s main house has two levels and includes 5 guest suites, lounge, dining room, kitchen, laundry facility and owner’s quarters. A separate building houses 3 bungalow suites and a large storage room. The remaining guest suite is a lone standing cabin. There is also a two car garage and carport with a storage room and workshop.

The quieter winter months allow for maintenance to be done as well as rest, and travel time for the owners or managers. As the winter temperatures are not too severe, it is also a perfect time to do one’s own exploring of the endless trails this area has to offer.

If you love meeting and serving people from all over the world, living in an area of uncapped exploration, and growing a healthy business, then this is a worthwhile investment for you! Come visit us at www.castlevalleyinn.com!

***Potential for Owner Financing***



Property Details
  • 9 Guest Rooms
  • 9 Guest Room Baths
  • Has Owner's Quarters
  • Built in 1979
  • Last Renovated in 2009
  • Opened in 1982
  • Building is 6,442 SQFT
  • Lot is 4.53 Acres
  • Photo Gallery
  • Property Website
Financial Details
  • Offered for sale at $1,975,000
  • Occupancy Rate: 55% (Annual)
  • Average Daily Rate: $192
  • Terms: Full financial info will be provided to serious potential buyers
  • Prequalify for Financing
Contact Information