Econostay Hotel
PROPERTY DETAILS:
Price: | $ 2,200,000 |
Number of rooms: | 50 |
· 50-Room hotel located at 311 E Main St, Vernal, Uintah County, Utah
· Room mix: king bed: 17, double queen: 24, handicap king: 1, triple queen: 1,
single queen: 1, handicap double queen: 1, smoking king: 3, smoking double
queen: 2 (26 rooms have kitchenette cook-tops)
· Amenities include mini-fridge, sink, microwave, manager suite apartment,
lobby, playground, picnic area, and breakfast area
· 2022 numbers: $337,094 total income, $162,485 total profit
· 2023 projections: $372,498 total income, $176,556 total profit
· Zoned CC1 under the jurisdiction of Vernal City
· Uintah County parcel #05020091, Taxes 2022: $6,482
· Previously operated as an EconoLodge branded hotel (sign still up)
· Agent must be present for all showings
· Horizon Hotel in Vernal also owned by Seller and offered for sale
Contact: Mike Nelson / Amy Fromm
801-487-6100