Services - Hotels & Other Lodging | Services - Amusement & Recreation

Asking Price	$450,000	Inventory
Gross Income	Not Disclosed	Real Estate
Cash Flow	Not Disclosed	Year Established	1981
FF&E	N/A	Employees	1-2

* included in the asking price

** not included in the asking price

Established Motel/Inn in Scenic Utah - Perfect Retirement Busines

Move to Scenic Utah! Run your own Motel/Inn in scenic Beaver, Utah. Live and work near mountains, lakes away from the city! 14 unit Motel + 3 bedroom house and 2 bedroom apartment on approx. 1 acre. Established business with positive cash flow. Most units rented weekly with long-time tenants. Colorful small town with character just 3.5 hours North of Las Vegas on Interstate 15. Location is surrounded by National Parks and scenic locations including Bryce Canyon, Mt. Holly (Elk Meadows), Fishlake National Forest. Between the Salt Lake area resorts and Zion National Park, Grand Canyon and Lake Powell. Offered for sale at $450,000. Serious inquiries please contact Stacey for more information and financial disclosures.

Facilities: 14 Units, 3 bedroom house and one 2 bedroom apartment. Eight rooms are studio units. The others are 2 room suites, one has 3 rooms. All but three units have kitchenettes. Currently units are rented on a weekly basis as longer term housing. This can of course, be converted back to nightly rentals if preferred. Adjacent 3 bedroom house in nice shape for owner or manager occupancy.

Competition: There is a shortage of economical rental housing in this town. That is why it is currently run under the currently weekly rental structure. There are major branded motels at each end of town offering nightly rentals. Weekly tenancy is offered by several other similar sized properties, but this property tends to stay fully rented. Construction of a new wind farm should keep demand for temporary housing high for the next year or more.

Growth/Expansion: The town is growing with a new hydro electric plant and the wind farm nearby. Other industry is moving into the area as well.

Financing: Owner financing is not offered on this property.

Support/Training: This can be negotiated based on buyers experience and desired training/transition support.

Reason Selling: Owners are retired and living in California.