Multi-Building Motel
For Sale
$565,000
Pending
61 N Main St, Fillmore, UT 84631
Four-building motel setup in Fillmore with nightly and monthly rentals, on-site manager quarters, and supplemental vending income.
Property SizeContact for details
Days on Market2047
Property Features for 61 N Main St
General Information
Standard status
Pending
Additional Details
Business Included
Yes
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$3,422
Listing Agency:
Essential Real Estate LLC
Listed By:
Thayne D. Bailey · License #UT 5475414PB00
(801) 319-2975
Source:
Exprealty
Added: Jan 29, 2021
Changed: Sep 5
Last Checked: Sep 7 at 10:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Essential Real Estate LLC
Investment Insights
Based on property information with market context.
This multi-building motel property includes four separate buildings with a mix of nightly stays and monthly rentals. The property also features on-site manager quarters adjacent to the motel office, with an on-site manager currently in place. Additional revenue is generated from a “cash sending service” and vending machines.
The motel offers easy access to I-15 and a central location in Fillmore. Three of the four buildings have newer roofs, while one building needs the roof replaced.
For sale information, including proformas with investor details, is available through the listing agent. Seller financing is available with a significant down payment, and a cash-out preferred scenario is noted in the remarks.
The motel offers easy access to I-15 and a central location in Fillmore. Three of the four buildings have newer roofs, while one building needs the roof replaced.
For sale information, including proformas with investor details, is available through the listing agent. Seller financing is available with a significant down payment, and a cash-out preferred scenario is noted in the remarks.
Key Highlights
- Four‑building motel setup in Fillmore with a mix of nightly stays and monthly rentals.
- Nightly rentals are all in the same building; other buildings support monthly rental use.
- On‑site manager’s quarters adjacent to the motel office, with an on‑site manager currently in place.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
204
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 84631, UT
2,985
Population
1,074
Households
2.8
Avg Household Size
36
Median Age
20%
College-Educated
82%
High-School Grad
126.5 sq mi
ZIP Area
24
Density / Sq Mi
$74,464
Median Household Income
$31,607
Median Earnings
$795
Median Rent
$260,400
Median Home Value
Questions? Ask Rey
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Similar Off Market Nearby
- Spinning Wheel Motel — 65 S Main St, Fillmore, UT 84631
- Stevens Hotel — 20 S Main St, Fillmore, UT 84631
- Capitol Motel — 30 E Center St, Fillmore, UT 84631
- Fillmore Motel — 50 N Main St, Fillmore, UT 84631
Frequently Asked Questions
What type of property is this?
Motel - Four-building motel setup in Fillmore with nightly and monthly rentals, on-site manager quarters, and supplemental vending income.
Where is this motel located?
The property is located at 61 N Main St Fillmore, UT.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: Four‑building motel setup in Fillmore with a mix of nightly stays and monthly rentals.; Nightly rentals are all in the same building; other buildings support monthly rental use.; On‑site manager’s quarters adjacent to the motel office, with an on‑site manager currently in place.
