Manti, UT 84642,260 E 400 N
Manti, UT 84642,260 E 400 N
Manti, UT 84642,260 E 400 N
52
$585,000
$649,000
9.9%
Est.Price: ?

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1.34 Acres Lot

260 E 400 N Manti, UT 84642

Est. payment /mo
SOLD DATE : 10/30/2024

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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

Year Built 1974

Annual Tax Amount $4,840

Lot Size 1.340 Acres

Property Sub-Type Hotel/Motel

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

Heating Electric

Cooling Window Unit(s)

Flooring Carpet

Exterior

Exterior Feature Playground

Utilities Available 120/240 V 1 Phase, Gas: Natural, Paid By Landlord

View Y/N No

Building

New Construction No

Others

Acceptable Financing Cash, Conventional, SBA, Seller Finance First

Listing Terms Cash, Conventional, SBA, Seller Finance First

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Listed by Red Rock Real Estate LLC (Central)
Bought with Real Broker, LLC (Farmington)

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David Pestana

David Pestana

Broker | License ID: 6964043

+1(801) 368-8914

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