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    180 Center St Panguitch, UT 84759

    Sponsored
    For Sale
    $999,900

    18-Room Motel, High Tourism Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 18-room motel, situated at the gateway to Bryce Canyon National Park in Panguitch, Utah, presents a compelling investment opportunity. Boasting a prime location in a high-tourism area, this property offers significant potential for increased profitability. Recently renovated in 2024, the motel features a manager's apartment and a separate two-bedroom house, which can be utilized as a rental unit, additional hotel accommodations, or for nightly rentals. The 0.57-acre lot is zoned H/MC, providing flexibility for future development. The property underwent a full rehabilitation starting Summer 2024, enhancing its appeal and value. This value-add property is poised to become a highly lucrative income-generating asset. The asking price is $999,900, and seller financing is available with a 30% down payment. Note that the sales price may increase as renovations progress. The property's APN is 07-0063-0294. This is a rare opportunity to acquire a well-located motel in a thriving tourist destination. The motel was originally built in 1962. The address is 180 Center St, Panguitch, UT 84759.

    Property Features for 180 Center St

    General Information

    Property type
    Motels
    Lot Size
    24,829 SF

    Building Details

    Year Built/Renovated
    1962/2024

    HighLights

    • 18‑room motel in prime tourist location at the gateway to Bryce Canyon National Park.
    • Value‑add opportunity with significant income potential.
    • On‑site manager's apartment.
    • Includes a 2‑bedroom house suitable for rental or hotel use.
    • Seller financing available with 30% down.
    • Full renovation commencing Summer 2024; price will increase with progress.
    Property Profile Location Intelligence

    Current Use by Public Records

    Motels

    Map

    City
    Panguitch
    County
    Garfield
    State
    Utah
    Longitude
    -112.4321499
    Latitude
    37.8225662

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    FAQs

    What type of property is this?
    Motel - 18-Room Motel, High Tourism Area
    Where is this motel located?
    The property is located at 180 Center St Panguitch, UT.
    What is the asking price?
    The asking price for this property is $999,900.
    What are key features of this property?
    This property features: 18-room motel in prime tourist location at the gateway to Bryce Canyon National Park.; Value-add opportunity with significant income potential.; On-site manager's apartment.
    Request Owner's contact information
    180 Center St Panguitch, UT 84759
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    Panguitch, UT 84759
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    180 Center St Panguitch, UT 84759
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