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This 22 room 'hilltop' hotel sits on over 6 acres overlooking Turtle Cove Marina and Provo's north coast is offered together with several associated real estate holdings at a reduced price. The hotel is currently closed. On site amenities include a swimming pool, fitness centre building (leased to gym operator) and tennis courts. The on-site restaurant premises 'Magnolia' (operated under 3rd party lease) is a recognized 'fine dining' establishment - an excellent adjunct to any hotel business.
The resort is offered together with 3 commercial properties, each of which is bounded on the water by the Turtle Cove boardwalk: (i) 'The Banana Boat' premises (leased as a shop / car rental business); (ii) 'Harbour Walk', a 2 storey, mixed use condominium development; and (iii) the building between the Banana Boat and Turtle Cove Inn (leased to a dive operation). Also included in the price is an undeveloped one acre site located across the road from the entrance to The Queen Angel, zoned C2 (Commercial / Tourism related) with asphalt access road.
Properties are all located close to Turtle Cove Marina, shops and businesses. Taken together they properties present an incredible opportunity to acquire a substantial and multifaceted business presence around Turtle Cove.