166 400 Moab, UT 84532
- Hospitality properties
- 15,483 SF
- 0.95 lot acres
Current Use by Public Records
- Hospitality properties
Property Details for 166 400
- Year built
- 1954
- Lot size
- 0.95 lot acres
- Property size
- 15,483 SF
- Property type
- Hospitality properties
- Property subtype
- Motels
Description
This exceptional investment opportunity presents the Apache Motel, a registered historic landmark located at 166 S 400 E, Moab, UT 84532. Built in 1954 and boasting 15,483 square feet on a 0.95-acre lot, this two-story, 35-key motel is zoned C5 and offers a unique blend of vintage charm and modern amenities. The property's prime location on 400 East provides easy access to the Sand Flats Recreation Area, attracting a steady stream of bikers, jeepers, tourists, and National Park visitors. Recent improvements include a professional rebranding, fresh paint, a dog run, heated pet and bike washes, townie bikes and racks, fire cauldrons, outdoor cooking areas with teepees, and refreshed rooms and lobby. The motel also features upgraded amenities such as Assa Abloy electronic door locks, an integrated payment/reservation portal, new PEX main water supply lines, updated plumbing, and upgraded pool equipment. On-site owner/employee accommodations include a two-bedroom suite and a separate two-bedroom home with a garage, sheds, and carport. The motel offers oversized vehicle parking, catering to the needs of its diverse clientele. With proven increases in occupancy, average daily rate (ADR), net operating income (NOI), and repeat clientele, this property represents a compelling investment opportunity in a thriving tourism market. The asking price is $6,750,000, with a price per square foot of $435.96.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Moab
- County
- Grand
- State
- Utah
- Longitude
- -109.543
- Latitude
- 38.5706
