For Sale
$1,763,333

115 Main StHatch, UT 84735

Ten-cabin hotel, high occupancy, near National Parks.

Overview

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

Highlights

  • Newly constructed 10-cabin hotel in Hatch, UT.
  • Municipal approvals in place for future silo construction.
  • Currently operating; do not disturb.
  • Contact agent for showings and information.
  • Cabin sizes range from approximately 360 SF to approximately 720 SF.

Property Details for 115 Main St

Property type
Retail properties, Hospitality properties
Square Feet
4,392 SF
Year Built
2024
Buildings
10
Lot Size (sq. ft)
30,056 SF

Location Insight

City
Hatch
County
Garfield
State
Utah
Latitude
37.6478414
Longitude
-112.4341118
115 Main St, Hatch, Utah

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115 Main St
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