Off Market

125 E Main St, Torrey, UT 84775

$679,900

6 bed · 6 bath · 6,114 sqft

Unique opportunity on Main Street in Torrey. Large home converted to 4-apartment lodge: can work as single-family home or as multi-unit nightly rental. The ideal buyer will probably be similar to current owners who run the property as an AirBnB/VRBO - hands-on people who live in the property or nearby. Property management companies and year-round employees are not always readily available in Torrey, but the potential is great for a hands-on owner to improve the property and take advantage of the on-going growth of this unique property and attractive resort town. Currently listed on Airbnb w/high ratings (avg 4.7/5.0), high usage and ROI (approx $150/night each unit). Add'l space could be game room or manager space. 2 attached oversized single car garages plus detached 1,257 sq ft garage/workshop. Ideally located adjacent to restaurants, shops and activities. To see the property's website, go to https://www.velvetridgelodging.com/

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Listing courtesy of Sue Gatchell, Red Rock Real Estate LLC.

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