40 300 Escalante, UT 84726
This exceptional 8-unit inn presents a unique investment opportunity in the thriving tourist town of Escalante, Utah. Strategically located just off Scenic Byway 12, this well-established property boasts a prime location between Bryce Canyon National Park and Capitol Reef National Park, within the heart of the Grand Staircase-Escalante National Monument. The inn comprises two buildings, each housing four units, all featuring oversized rooms with private bathrooms, skylights, mini-refrigerators, microwaves, nine-foot ceilings, televisions, and ample parking. The property also includes a spacious owner's storage area and office with a half-bath. All units are fully furnished and equipped with commercial washers and dryers, ensuring a seamless transition for the new owner. Built with high-quality materials, including wood beams and extra insulation, the inn offers superior comfort and energy efficiency. One unit is ADA compliant, catering to a wider range of guests. The property sits on a 0.53-acre lot and is offered fully furnished and turnkey, ready for immediate operation. This represents a rare chance to acquire a custom-built, high-quality inn in a stunning, high-demand location. The asking price is $730,000, reflecting the exceptional value and potential for strong returns. Don't miss this opportunity to own a piece of the vibrant Escalante tourism market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
4 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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