Log In/Sign Up
Your email has been sent.
Vernal Best Value Inn 260 W Main St 42 Room Hotel Vernal, UT 84078 $2,430,000 ($57,857/Room)
EXECUTIVE SUMMARY
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.
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.
DATA ROOM Click Here to Access
- Operating and Financials
PROPERTY FACTS
| Price | $2,430,000 | Building Size | 17,531 SF |
| Price Per Room | $57,857 | No. Rooms | 42 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1953 |
| Property Subtype | Hotel | Parking Ratio | 2.17/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 1.76 AC |
| Price | $2,430,000 |
| Price Per Room | $57,857 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.76 AC |
| Building Size | 17,531 SF |
| No. Rooms | 42 |
| No. Stories | 2 |
| Year Built | 1953 |
| Parking Ratio | 2.17/1,000 SF |
| Corridor | Exterior |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 42 | $78.00 | - |
PROPERTY TAXES
| Parcel Number | 05-023-0161 | Improvements Assessment | $220,499 |
| Land Assessment | $367,480 | Total Assessment | $587,979 |
PROPERTY TAXES
Parcel Number
05-023-0161
Land Assessment
$367,480
Improvements Assessment
$220,499
Total Assessment
$587,979
1 of 97
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Vernal Best Value Inn | 260 W Main St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.