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Econo Lodge INN & Suites

$3,180,000

Description

Antlers Inn in Vernal, Utah, offers a prime investment opportunity with 44 guest rooms on 1.3 acres along Main Street. The property features modern amenities, a seasonal outdoor pool, an indoor hot tub, a business center, and a fitness facility. It will have a "soft branding" affiliation with Choice Hotels-EconoLodge, including $240,000 in key money and minimal PIP requirements. Approved RAMP grant for solar panels. Additional highlights include a $99,000 REMP Grant for solar panels and zoning that allows a 40% Vernal City reimbursement for exterior improvements up to $100,000. With no new hotel construction in the pipeline and a 4-star TripAdvisor rating

BROKERAGE OF RECORD:

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423 W Main St, Vernal, UT 84078

ADDRESS

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Active

AVAILABILITY

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1.30

LOT SIZE

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22,262

BUILDING SIZE

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44

UNITS

Trent Bright

Tyler Carlisle

Sheri Osborne

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