227 Main St Hatch, UT 84735

Property Details for 227 Main St

Lot size

0.75 lot acres

Property size

6,000 SF

Property type

Motels

Property subtype

Hotels

Description

Exceptional investment opportunity encompassing three established motel properties in Hatch, Utah. This portfolio comprises a total of 42 keys distributed across three buildings situated on desirable highway frontage along Main Street (Highway 89). The properties boast a combined square footage ranging from 6,000 to 27,000 square feet, and sit on land parcels totaling between 0.75 and 4.63 acres. The portfolio includes diverse offerings, catering to various needs and budgets. One property features a recently remodeled 20-room motel and restaurant on a 2.75-acre lot. Another offers a 7-room motel and restaurant on a 0.75-acre parcel. The third property is a unique combination of an 8,000 square foot motel, house, restaurant, and convenience store, encompassing 15 rooms and situated on 1.13 acres. This strategic location in Hatch, Utah, provides unparalleled access to numerous national parks and recreational areas, ensuring high tourist traffic and strong rental potential. The asking price for this entire portfolio is $3,500,000, presenting a compelling opportunity for significant return on investment in a thriving hospitality market. This is a rare chance to acquire a well-established, multi-property portfolio in a high-demand tourist destination.