Description
Wonderful owner-occupant 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. (information on listing is from motel and home) Financials available to serious buyers with signed confidentiality agreement and proof of funds. Proof of funds letter also required for showings. All information to be verified by buyer.
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0BEDS
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0.63ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Wonderful owner-occupant 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. (information on listing is from motel and home) Financials available to serious buyers with signed confidentiality agreement and proof of funds. Proof of funds letter also required for showings. All information to be verified by buyer.
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2022-05-22T13:37:24.193. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.