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227 N Hwy 89
Hatch, UT 84735

Bryce Zion Inn · Hospitality Property For Sale · 20 Rooms

Investment Highlights

  • Between Bryce Canyon, and Zion National Park
  • Located on busy Highway 89
  • Largest rooms in the area

Executive Summary

Beautifully-kept 20-room motel located on Highway 89 between Bryce Canyon and Zion National Parks. Situated on 2.7 acres of commercial property. Includes 5,000 SF restaurant, office area, and laundry area. The restaurant area has also been the owner's living quarters for the past 11 years. All 13,000 SF have a new roof, and 10 of the 20 rooms have been remodeled. 3 permitted RV spots on the side of the restaurant house employees and are seasonal from April to November. Currently operated May to September. You can make money Oct-Dec, and March April but current owners prefer the time off. Restaurant could be opened and generate income. Gross Sales on rooms 190,000 minus 6k cc fees, 15k booking.com/expedia commissions, 50k 3 employees wages at 15k each, 5k property taxes, 6k property insurance, 6000 power,4000 propane, 2000water, 1200 tv, 1400 Wi-Fi/phone, 2,500 workman's comp policy, 5k unemployment tax (8% on every dollar paid in wages), 24548 sales, room, city tax,(12.92% on every dollar of room rented) 5k employer match FICA, Medicare (8% on every dollar paid in wages), 5k repairs/linens/toiletries. Call owner Raquel with questions. 60k owner net after all bills paid.

PROPERTY FACTS

Price Per Room $86,904 CAD
Sale Type Investment
Cap Rate 12%
Sale Conditions
1031 Exchange
  • Business Value Included
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.75 AC
Building Size 12,972 SF
No. Rooms 20
No. Stories 1
Year Built/Renovated 1965/2020
Parking Ratio 3.08/1,000 SF
Corridor Exterior
Opportunity Zone Yes

Amenities

  • Business Center

About 227 N Hwy 89 , Hatch, UT 84735

Seasonal 13,000 SF, 20-room motel located on Highway 89 between Bryce Canyon and Zion National Park. 16 rooms built in the mid sixties, and 4 rooms built in the mid seventies. 5,000 sq. foot restaurant, office area, and laundry area. Restaurant currently used as manager/owner's quarters. New roof. 10 of the 20 rooms have been remodeled. 3 permitted RV spots to the side of the restaurant which are seasonal from April to November.

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 20 $121.67 CAD -

zoning

Zoning Code C (Commercial)
C (Commercial)
  • Listing ID: 24357322

  • Date on Market: 2021-10-24

  • Last Updated:

  • Address: 227 N Hwy 89, Hatch, UT 84735

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