For Sale
$6,750,000

166 400Moab, UT 84532

Historic motel, 35 rooms, high ROI.

Overview

Added:
Dec 11, 2024
Days on market:
115
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.

Highlights

  • Historic landmark motel, 35 keys, 15,483 sq ft on 0.95 acres, Moab, UT.
  • Prime location on 400 East, near Sand Flats Recreation Area.
  • Recent renovations include rebranding, updated rooms, new amenities (dog run, bike wash, etc.).
  • Upgraded systems: electronic locks, new plumbing, updated pool equipment.
  • Owner/employee housing: two-bedroom suite and separate two-bedroom home.
  • Oversized vehicle parking, strong NOI growth, $6,750,000 asking price ($435.96/sq ft).

Property Details for 166 400

Property type
Hospitality properties, Motels
Square Feet
15,483 SF
Year Built
1954
Stories
2
Lot Size (sq. ft)
41,382 SF

Location Insight

City
Moab
County
Grand
State
Utah
Latitude
38.570648464939
Longitude
-109.54290855999
166 400, Moab, Utah

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166 400
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