Dutch John, UT 84023,2450 W RED CANYON LODGE
Dutch John, UT 84023,2450 W RED CANYON LODGE
Dutch John, UT 84023,2450 W RED CANYON LODGE
Dutch John, UT 84023,2450 W RED CANYON LODGE
Dutch John, UT 84023,2450 W RED CANYON LODGE
Dutch John, UT 84023,2450 W RED CANYON LODGE
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$2,800,000

$2,950,000

5.1%
Est.Price: ?

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Est. payment /mo

72.78 Acres Lot


SOLD DATE : 10/28/2022

Key Details

Sold Price $2,800,000

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Sold

Purchase Type For Sale

Subdivision Red Canyon Lodge

MLS Listing ID 1748618

Sold Date 10/28/22

Construction Status Blt./Standing

HOA Y/N No

Year Built 1991

Annual Tax Amount $8,847

Lot Size 72.780 Acres

Acres 72.78

Lot Dimensions 0.0x0.0x0.0

Property Description

Don't miss this once in a lifetime opportunity to own the historic Red Canyon Lodge business in the Flaming Gorge National Recreation Area surrounded by the majestic Ashley National Forest. Red Canyon Lodge has been proudly serving forest visitors since 1930, offering public lodging, recreation, and dining. Located just minutes from the Green River, Flaming Gorge Reservoir, and the Red Canyon Overlook, it is a popular vacation spot for anglers, outdoor enthusiasts, hikers, bikers, hunters, and families. Flaming Gorge also lies in the direct travel path between Yellowstone National Park and Utah's Mighty 5 National Parks and it benefits from the global traffic of National Park visitors. Red Canyon Lodge has been meticulously cared for by the same owner for 30 years with great attention to detail and evident pride of ownership. It is situated on a 72.89 acre US Forest Service permit area that includes East Greens Lake, West Greens Lake and a kid's fishing pond. Lodge visitors can fish in the private stocked lakes and kid's pond without a Utah state fishing license since Red Canyon Lodge owns three priority water rights that allow for the operation of a private fee fishery. The main lodge building is home to the top-rated restaurant in the Flaming Gorge area making it a popular eatery for tourists and locals. The main lodge building also houses a grocery & gift store, a well-appointed kitchen, upstairs banquet room, and storage areas for housekeeping, restaurant and maintenance. Onsite employee housing is available year-round. Guest accommodations include 18 cabin units (6 Alpine Cabins and 6 Ponderosa duplex style cabins). The cabins are notable for their incredibly scenic setting. Guests can also visit the corral to enjoy horseback riding, take a paddle board or kayak out on one of the lakes or hit the trails for a hike or a mountain bike ride. A new owner can take advantage of immediate upside potential without adding cabins or amenities. Even with recent substantial cabin rate increases, demand for year-round occupancy continues to climb, suggesting there is upside potential for a new owner to continue increasing rates annually. Opportunities also exist for a new owner to increase revenue by adding more cabins while utilizing the existing utility infrastructure, increasing winter lodging availability, expanding restaurant hours and outdoor dining capacity, expanding outfitter guide operations and hosting more weddings or special events. Please contact us for the full Offering Memorandum and view the video attached to this listing. Any and all financial projections and information are provided for general reference purposes only and have been gathered from sources deemed reliable. Certain assumptions have been made related to the general economy, market conditions, competition and other factors beyond the control of the seller or Windermere Real Estate. Therefore, all projections and other information provided and made herein are provided as a courtesy.

Location

State UT

County Daggett

Area Dutch John; Greendale

Zoning Commercial

Interior

Interior Features Alarm: Fire, Dishwasher, Fireplace, Kitchen, Laundry: Central, Range/Oven, Refrigerator, Restroom: Private, Restroom: Public

Heating See Remarks, Electric, Propane, Space Heater, Baseboard, Wood Stove

Cooling See Remarks, Central Air, Window Unit(s)

Flooring Carpet, Laminate, Linoleum, Tile

Fireplace false

Window Features Blinds

Appliance Furniture, Supplies

Exterior

Exterior Feature Barn, Out Buildings, Corral(s), Rec. Facilities, Rv Parking, Security Lighting, Storage

Utilities Available 120/240 V 1 Phase, Gas: Propane

Waterfront No

View Y/N No

Roof Type See Remarks,Asphalt,Wood

Present Use Commercial

Accessibility See Remarks

Private Pool false

Building

Faces West

New Construction No

Construction Status Blt./Standing

Others

Senior Community No

Tax ID 03-0400-0043

Acceptable Financing Cash, Conventional

Horse Property Yes

Listing Terms Cash, Conventional

Financing Seller Financing

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Listed by Windermere Real Estate (Holladay)
Bought with NON-MLS
agent-avatar

+1(801) 259-5565

ccpollock@outlook.com

5965 S 900 E STE 150, Murray, Utah, 84121, United States

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