$585,000
$649,000
9.9%For more information regarding the value of a property, please contact us for a free consultation.
1.34 Acres Lot
SOLD DATE : 10/30/2024
Key Details
Sold Price $585,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Subdivision Young Property
MLS Listing ID 1984878
Sold Date 10/30/24
Construction Status Blt./Standing
HOA Y/N No
Year Built 1974
Annual Tax Amount $4,840
Lot Size 1.340 Acres
Acres 1.34
Lot Dimensions 0.0x0.0x0.0
Property Description
Looking to invest in a fully operational motel business? This is a fantastic opportunity! Imagine running a business that not only provides you with a steady source of income, but also allows you to live on site. The motel boasts 12 well-maintained rooms available on a daily basis. The 12 rooms consist of 4 one queen bed rooms and 8 two queen bed rooms. Additionally, there is an owner/manager suite with 2 bedrooms and 1 bathroom, with an option to add another bathroom and plenty of room to extend more bedrooms, living rooms etc. This suite includes a large laundry room with 2 washers and 2 dryers, a kitchen, a dining bar, and 2 living rooms. There is also an option to expand the space in the basement with plenty of room for more living space or tons of storage space. With a warm and welcoming front office, which offers a public bathroom for guests and a large inventory storage room. Plenty of parking is available for customers, including those with larger cargo such as ATVs, UTVs, snowmobiles, and much more. The motel has a loyal customer base and future bookings are already scheduled. As the spring and summer months approach, even more bookings are expected. The motel is situated on a great corner lot diagonal from the Manti Temple, with additional property surrounding it that presents many different opportunities for various events and occasions. All equipment, furniture, lawn tools, office equipment, inventory etc. are included in the sale. Sale does exclude managers personal belongings in manager suite. Don't miss out on this rare chance to own a great business opportunity. Square footage figures are provided as a courtesy estimate only and were obtained from the Sanpete County Assessors office. Buyer is advised to obtain an independent measurement.
Location
State UT
County Sanpete
Area Ephraim; Manti
Zoning Single-Family
Interior
Interior Features Alarm: Fire, Basement, Basement Garage, Computer, Dishwasher, Kitchen, Range/Oven, Refrigerator, Restroom: Private, Restroom: Public
Heating Electric
Cooling Window Unit(s)
Flooring Carpet
Fireplace false
Window Features Blinds
Appliance Furniture, Real Estate, Supplies
Exterior
Exterior Feature Playground
Utilities Available 120/240 V 1 Phase, Gas: Natural, Paid By Landlord
View Y/N No
Present Use Commercial
Accessibility Ground Level
Private Pool false
Building
Faces West
New Construction No
Construction Status Blt./Standing
Others
Senior Community No
Tax ID 1727X & 1727
Acceptable Financing Cash, Conventional, SBA, Seller Finance First
Horse Property Yes
Listing Terms Cash, Conventional, SBA, Seller Finance First
Financing Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Real Broker, LLC (Farmington)