1626 US 40, Vernal, UT 84078

  • $2,500,000
  • $2,500,000
1626 US 40, Vernal, UT 84078
For Sale

1626 US 40, Vernal, UT 84078

1626 US 40, Vernal, UT 84078
  • $2,500,000
  • $2,500,000

Overview

Property ID: HZ29114
  • Commercial Sale
  • Property Type
  • 1997
  • Year Built

Description

43-Room hotel located at 1626 US-40, Vernal, Utah. Room mix: king bed: 14, double queen: 23, handicap king: 1, handicap queen: 1, king bed suite: 2, queen two-bed suite: 1, studio apt: 1. Amenities include pool, hot tub, 2-bedroom manager apartment, lobby, and breakfast area. 2022 numbers: $567,861 total income, $308,416 total profit. 2023 projections: $627,501 total income, $336,797 total profit. Zoned CP-1 under the jurisdiction of Vernal City. Uintah County parcel #050700039, Taxes 2022: $6,805. 120 miles east of Park City, Utah. Previously operated as a Super 8 branded hotel (sign still up). Agent must be present for all showings. Econostay Motel in Vernal also owned by Seller and offered for sale.

  • Address 1626 US 40
  • City Vernal
  • State/county UT
  • Zip/Postal Code 84078
  • Country United States

Details

Updated on December 5, 2023 at 1:48 pm
  • Property ID: HZ29114
  • Price: $2,500,000
  • Land Area: 1.5 Acres
  • Year Built: 1997
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • MLS#: 1885707
  • Office Name: HIGHLAND COMMERCIAL, INC.
  • Agent Name: Michael Covey Nelson
  • MLS Status: Active

Additional details

  • Tax Annual: 6805
  • County: Uintah
  • Property SubType: Hotel/Motel

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