Property summary
This exceptional turnkey hotel investment opportunity in Hatch, Utah, presents a rare chance to acquire a thriving, newly constructed property. Located at 115 S Main St, 84735, this 4,392 square foot establishment boasts ten individual cabins, offering a unique and appealing lodging experience. The property sits on a 0.69-acre lot (APN: 05-0038-0054) and features a mix of cabin sizes, with smaller units approximately 360 square feet and larger units around 720 square feet. Built in 2024, the hotel currently enjoys a 72% occupancy rate, generating a strong 8.00% cap rate. The asking price is $1,763,333. The property's prime location near Utah's National Parks ensures consistent high demand. While silos are not yet constructed, municipal approvals are in place for their future development, presenting an additional avenue for expansion and revenue generation. This is a truly exceptional opportunity for an investor seeking a profitable and well-established hospitality business in a desirable location. The property is currently operating and should not be disturbed. Detailed financial information and further property specifics are available upon request.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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