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1935 S 1500 E
Vernal, UT 84078
Executive Inn & Suites Extended Stay Naples · Hospitality Property For Sale
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40,066 SF
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 2009/2019 |
| Building Class | B | Parking Ratio | 2.6/1,000 SF |
| Lot Size | 1.00 AC | Corridor | Interior |
| Building Size | 40,066 SF | ||
| Zoning | C - Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.00 AC |
| Building Size | 40,066 SF |
| No. Stories | 3 |
| Year Built/Renovated | 2009/2019 |
| Parking Ratio | 2.6/1,000 SF |
| Corridor | Interior |
| Zoning | C - Commercial |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Fully-Equipped Kitchen
ABOUT 1935 S 1500 E , VERNAL, UT 84078
SureStay by Best Western Vernal UT. Apex Commercial Real Estate | KW South Valley Keller Williams is pleased to solicit offers on The SureStay by Best Western Vernal, Utah. The SureStay is a interior corridor 3 story, 76 room hotel, with an attached restaurant, sitting on 1.89 acreas with C Zoning. The SureStay is a limited-service lodging facilities. These properties feature all basic services for a properties of this type, and offers amenities including a swimming pool and spa, fitness center, breakfast area, lounge, sundries shop, business center, meeting space, and vending and ice machines. Increasing Market Demand The SureStay offers an increase market demand as COVID restrictions are easing up allowing tourist and recreational guests the opportunity to vacation and stay at hotels. With the recent conversion of these 51 rooms and rooms being on the market and potential guests feeling the need to explore and rid themselves of cabin fever there can only be one way to go and that is up. Strong Revenue and Upside Potential Once travel restrictions are eased, the number of rooms sold are expected to increase. Room rates are also expected to increase due to higher demand, more travel, and the decrease in rooms available in the local market. Unencumbered by Management The property is being offered unencumbered by management, providing the new ownership group with full optionality, including new management.
PROPERTY TAXES
| Parcel Number | 05-132-0070 | Improvements Assessment | $1,090,282 |
| Land Assessment | $227,046 | Total Assessment | $1,317,328 |
PROPERTY TAXES
