166 400 Moab, UT 84532

Property Details for 166 400

Lot size

0.95 lot acres

Property type

Commercial real estate

Description

The Apache Motel, a registered historic landmark in Moab, Utah, presents a unique investment opportunity. This 35-room boutique motel, built in 1955, boasts a rich history, having hosted Hollywood's Western film stars, including John Wayne, whose namesake suite remains a key attraction. Situated on a 0.95-acre lot, the motel enjoys a prime location, conveniently positioned near the Sand Flats Recreation Area, attracting bikers, jeepers, tourists, and National Park visitors. Recent improvements have enhanced both the aesthetic appeal and operational efficiency. These upgrades include fresh paint, a dog run, heated pet and bike washes, townie bikes and racks, fire cauldrons, outdoor cooking and gathering areas with teepees, and refreshed rooms and lobby offering amenities like cinnamon rolls and ice cream. While maintaining its vintage charm, the motel has undergone significant modernizations. These include Assa Abloy electronic door locks, an integrated payment/reservation portal, a new PEX main water supply line and updated plumbing, and upgraded pool equipment. The property also includes on-site housing options for owners and employees, comprising a 2-bedroom suite and a 2-bedroom home with a garage, sheds, and carport. Ample oversized vehicle parking is available. This turnkey operation offers proven increases in occupancy, average daily rate (ADR), net operating income (NOI), and repeat clientele, making it an exceptional investment prospect in the thriving Moab market. The asking price is $6,750,000.

Location Insight

City

Moab

County

Grand

State

Utah

Longitude

-109.543

Latitude

38.576