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132 E Center St
Panguitch, UT 84759
Purple Sage Motel · Hospitality Property For Sale
·
4,292 SF
Investment Highlights
- Heavy foot traffic
- High ADR and REV PAR
Property Facts
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built | 1957 |
| Building Class | C | Parking Ratio | 4.43/1,000 SF |
| Lot Size | 0.63 AC | Corridor | Exterior |
| Building Size | 4,292 SF | ||
| Zoning | Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.63 AC |
| Building Size | 4,292 SF |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 4.43/1,000 SF |
| Corridor | Exterior |
| Zoning | Commercial |
Amenities
- Public Access Wifi
- Multi-Room Suites
About 132 E CENTER ST , PANGUITCH, UT 84759
Wonderful owner-occupant or investment opportunity! This charming 14 room motel boasts high occupancy rates, especially during peak season. Owner currently has motel open from April through October, and has an average daily rate of $102. In addition to the motel, sale comes with a 1400 square foot 2 bedroom, 1 bath home with attached motel office. There is also a 300 square foot 1 bedroom, 1 bath guest home at the back of the property. Motel is located in a desirable location right on Hwy 89, which brings in great foot traffic. Panguitch is known as the "Hub of the Wagon Wheel" due to its close proximity to Kodachrome Basin State Park, Anasazi State Park, Escalante Petrified Forest State Park, and North Rim Grand Canyon. Being only 20 miles from Bryce Canyon National Park and 73 miles from Zions National Park, this motel brings in travelers all on its own! Capitol Reef is 144 miles away via Scenic Byway 12. The Purple Sage is located 14 miles from Panguitch Lake, which produces some of the largest rainbow trout in the state! Tax ID 07-0063-0298 included in sale. Financials available to serious buyers with confidentiality agreement. POF or approval letter required for walk through. All information to be verified by buyer.
Property Taxes
| Parcel Number | 07-0063-0300 | Improvements Assessment | $268,341 |
| Land Assessment | $36,750 | Total Assessment | $305,091 |
Property Taxes
