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Property profile

465 100 Kanab, UT 84741

OFF-MARKET
Hospitality properties
48,872 SF 1.82 ac lot Built 2018
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Property summary

AI-generated overview

This exceptional 94-key La Quinta Inn & Suites presents a lucrative investment opportunity in Kanab, Utah. Built in 2018, this four-story hotel boasts 48,872 square feet and sits on a 1.82-acre lot, providing ample space for guests and operations. The property includes 80 parking spaces, a significant advantage in a popular tourist destination. Located at 465 S 100 E, Kanab, UT 84741, the hotel benefits from its strategic position as a gateway to renowned national parks like Zion, Bryce Canyon, and the Grand Canyon. This proximity to stunning natural attractions ensures consistent demand throughout the year, attracting outdoor enthusiasts and tourists alike. Kanab's local amenities, including hiking trails and diverse dining options, further enhance the hotel's appeal. The asking price is $13,900,000, representing approximately $147,872 per key. This represents a well-maintained, modern hotel ready for immediate operation, making it an attractive asset for discerning hospitality investors seeking a strong return in a thriving market. The property's recent construction and prime location combine to offer a compelling investment opportunity in one of Utah's premier travel destinations.

Property profile

Verified
Property type Hospitality properties
Year built 2018
Total area 48,872 SF
Lot 1.82 ac (79,279 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel
  • Electric Vehicle Charging Station

Location

465 100 Kanab, UT 84741
Kanab metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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