166 S 400 E - Hospitality FOR SALE


Moab, UT 84532
$6,750,000 USD
435-260-8245
166 S 400 E, Moab, UT for Sale
$6,750,000 USD
Hospitality - FOR SALE
1/86
null | Request Cap Rate

166 S 400 E
Moab, UT 84532


HIGHLIGHTS

  • Registered historic landmark
  • Retro-modern motel
  • Professional branding
  • Options for on-site owners and employees
  • Repeat clientele
  • Downtown location

OVERVIEW

Saddle up to the Apache Motel, Moab's most iconic boutique motel. 35 rooms, including the John Wayne suite- where your guests can stay where John Wayne stayed! An ultra-modern build in 1955, this registered historic landmark was the home for Hollywood's Classic Western's elite and is now the retro-modern motel on the path to Sand Flats Recreation Area servicing bikers, jeepers, weary travelers, and National Park enthusiasts. Improvements over the last few years have included fun aesthetics and amenities- professional branding for a variety of retail items, fresh colorful paint, a dog run, heated pet wash, heated bike wash, townie bikes & bike racks, cozy fire cauldrons, outdoor cooking/gathering areas including fun Teepees, as well as refreshed rooms and lobby- offering warm cinnamon rolls and ice cream! While keeping the vintage vibe, the modern technical and mechanical improvements include Assa Abloy electronic door locks, integrated payment/reservation portal, new PEX main water supply lines and majority of plumbing updated, upgraded pool equipment, and more! This opportunity also comes with great options for on-site owners and employees offering a 2-bedroom suite, as well as a 2-bedroom home with garage, sheds, and carport. All in the heart of Moab City with oversized vehicle parking! Take this one-of-a-kind relic to the next level with already proven increasing occupancy, ADR, NOI, and repeat clientele.

FOR SALE DETAILS

PRICE

$6,750,000 USD

PRICE/SF

$436 USD /SF

# OF ROOMS

33

PRICE/ROOM

$204,545 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Apache Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1955

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,510 SF

ZONING

C5

APN/PARCEL ID

01-0B10-0001

ASK ABOUT THIS PROPERTY

Rachel MoodyBerkshire Hathaway Utah PropertiesMore Info
435-260-8245

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Rachel MoodyBerkshire Hathaway Utah PropertiesMore Info
435-260-8245

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.