260 W Main St - Hospitality FOR SALE


Vernal, UT 84078
$2,430,000 USD
801-674-3625
260 W Main St, Vernal, UT for Sale
$2,430,000 USD
Hospitality - FOR SALE
1/96
null | Request Cap Rate

260 W Main St
Vernal, UT 84078


OVERVIEW

Discover an exceptional investment opportunity at Verna's Best Value Inn in Vernal, Utah, soon to become a Wyndham Hotel-Howard Johnson. Enjoy $60,000 in key money and minimal PIP requirements, ensuring a smooth transition. Benefit from Vernal City’s zoning incentives, offering a 40% reimbursement of exterior improvements up to $100,000. With no new hotel construction in the pipeline, this property stands out in a growing market. Take advantage of brand recognition and Wyndham's support to maximize your investment.

FOR SALE DETAILS

PRICE

$2,430,000 USD

PRICE/SF

$139 USD /SF

# OF ROOMS

42

PRICE/ROOM

$57,857 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Vernal Best Value Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1953

PARKING SPACES

38

LAND DETAILS

LAND ACRES

1.76 AC

LAND SF

76,666 SF

ZONING

-

APN/PARCEL ID

05-023-0161

ASK ABOUT THIS PROPERTY

Trent BrightKW South Valley Keller WilliamsMore Info
801-674-3625

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Trent BrightKW South Valley Keller WilliamsMore Info
801-674-3625

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