426 Main St, Moab, UT 84532
- Hotels
Current Use by Public Records
- Hotels
Property Details for 426 Main St
- Property type
- Hotels
Description
This exceptional 50-key Days Inn hotel in Moab, Utah presents a lucrative investment opportunity. Located at 426 N Main St, Moab, UT 84532, this fee-simple property boasts an impressive 11% capitalization rate, generating a net operating income (NOI) of $939,000 in 2019. The property's strong historical performance is evident in its 2019 room revenue of $1,695,486. Detailed profit and loss statements for 2018 and 2019 are available upon request. Benefiting from its prime location, the hotel is conveniently situated just 5 miles from Arches National Park and 29.7 miles from Canyonlands National Park, attracting significant tourism. The area also hosts annual events such as a Jeep Safari and a car show, further boosting occupancy rates. An assumable CMBS loan is in place, offering potential buyers a streamlined financing option. This turnkey operation provides immediate cash flow and significant upside potential in a thriving tourism market. The property is a rare opportunity to acquire a well-established hotel with a proven track record in a high-demand location. Serious inquiries only.
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Location Insight
- Map
- Local Demand
- City
- Moab
- County
- Grand
- State
- Utah
- Longitude
- -109.550161
- Latitude
- 38.5794781
