For Sale
$2,900,000

1 Cyn Moab, UT 84532

Prime Moab location, short-term rental potential.

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 4.67-acre property in Moab, Utah, presents a unique investment opportunity. Located on Highway 191, it boasts over 440 feet of road frontage. Currently platted as a 16-unit twin home subdivision with approved short-term rental use, it offers immediate income potential. Alternatively, the property can be developed as a hotel or motel, given its MU-1 and HC zoning designations. The existing common area provides ample space for additional parking and amenities. The property's proximity to Ken's Lake, Steel Bender Trail, Behind the Rocks, and the La Sal Mountains makes it highly attractive to outdoor enthusiasts. Seller financing is available for qualified buyers with 30% down, a 6% interest rate, a 10-year balloon, 30-year amortization, and a prepayment penalty. Final terms are contingent upon buyer credit. San Juan County is updating its land use code; the property is slated for split zoning (half HC, half MU-1). Short-term rentals and residential use are legal non-conforming uses. The sale includes multiple tax parcels (001500000000; 00150000U02A; 00150000U02B; 00150000U03A; 00150000U03B; 00150000U04A; 00150000U04B; 00150000U05A; 00150000U05B; 00150000U06A; 00150000U06B; 00150000U07A; 00150000U07B; 00150000U08A; 00150000U08B; 00150000U09A; 00150000U09B), sold as one offering. Offers received after noon on Fridays will be presented the following business day.

Highlights

  • $2,900,000 asking price.
  • 4.67-acre lot in Moab, UT, with over 440 ft of Highway 191 frontage.
  • Short-term rental potential; currently platted for 16 twin homes with approved short-term rental use, or develop as a hotel/motel.
  • Prime location near Ken's Lake, Steel Bender Trail, Behind the Rocks, and La Sal Mountains.
  • Seller financing available with 30% down, 6% interest, 10-year balloon, 30-year amortization, and prepayment penalty.

Property Details for 1 Cyn

Property type
Mixed-use properties, Land
Lot Size (sq. ft)
203,425 SF

Location Insight

City
Moab
County
San Juan
State
Utah
Latitude
38.477984014624
Longitude
-109.45767039156

FAQs

What type of property is this?
Mixed-use property - Prime Moab location, short-term rental potential.
Where is the mixed-use property located?
The property is located at 1 Cyn Moab, UT.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: $2,900,000 asking price.; 4.67-acre lot in Moab, UT, with over 440 ft of Highway 191 frontage.; Short-term rental potential; currently platted for 16 twin homes with approved short-term rental use, or develop as a hotel/motel.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1 Cyn
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