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$4,000,000
Est. payment /mo
0.54 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2072035
Construction Status Blt./Standing
HOA Y/N No
Year Built 1982
Annual Tax Amount $4,196
Lot Size 0.540 Acres
Acres 0.54
Lot Dimensions 0.0x0.0x0.0
Property Sub-Type Hotel/Motel
Property Description
We are pleased to present this 29-key interior corridor motel in Delta, UT. This property boasts a 15.39% CAP rate and offers the right buyer an ideal value-add investment with plenty of growth potential. Positioned in a region frequented by travelers, workers, and tourists alike, this property has the foundations for a successful hospitality business with untapped potential for increased revenue. A savvy owner could enhance the property with modern updates and strategic marketing, appealing to travelers seeking quality accommodations in the Delta area. Additional value could be realized through upgraded amenities, refreshed interiors, and localized branding that connects with both regular visitors and the high volume of travelers passing through this central Utah town. For investors or operators with a vision for growth, this motel offers an affordable entry point into the hospitality market with ample room to elevate performance. With the right enhancements, this property is poised to capture increased occupancy and command higher nightly rates, making it a smart choice for the savvy buyer seeking a rewarding addition to their portfolio. Contact listing agent for financial packet and detailed offering memorandum. Please do not tour property or disturb staff without an appointment.
Location
State UT
County Millard
Area Hinckley; Abraham; Delta; Oasis
Zoning Commercial
Interior
Cooling Central Air
Fireplace No
Exterior
View Y/N No
Roof Type Tar/Gravel
Present Use Commercial
Handicap Access Fully Accessible
Private Pool No
Building
New Construction No
Construction Status Blt./Standing
Others
Senior Community No
Tax ID D-781-1
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Listed by KW South Valley Keller Williams