Vernal Best Vernal Inn - Hotel for Sale in Vernal, UT

Vernal Best Vernal Inn

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Financial Details

Asking Price:
$2,430,000
Profit Metric:
NOI
Location:
Vernal, UT, US
Source:
Date:
September 16, 2025

Key Highlights

Investment opportunity in Vernal, UT, a growing market with no new hotel competition.
Transitioning to a Wyndham Hotel-Howard Johnson, leveraging brand recognition and support.
Beneficial zoning incentives from Vernal City and $60,000 in key money to facilitate transition.

Description

This listing presents an investment opportunity for the Vernal Best Vernal Inn, located in Vernal, Utah. The property is slated to become a Wyndham Hotel-Howard Johnson, offering significant brand recognition and support. Key financial incentives include $60,000 in key money and minimal PIP requirements. Vernal City provides zoning incentives with a 40% reimbursement for exterior improvements, up to $100,000. The market is described as growing with no new hotel construction planned, making this a strategic acquisition. The property spans 17,531 sq. ft. and was built in 1953.

Industry Information

Industry Description:
Hospitality / Hotel
Classification:
Travel

Operational Snapshot

Year Established:
1953

Real Estate & Lease

Status:
Owned

Broker Contact

Company:
Apex Commercial Real Estate Services | KW South Valley Keller Williams
Phone:
385-217-1873

Listing Details

Listing ID:
d267dd86-dca6-443a-8832-23cc041780b9
Source Listing ID:
2348031
Deal Status:
For Sale
Last Updated:
September 16, 2025
Currency:
USD

Features & Tags

Franchise Opportunity This listing is explicitly mentioned as a franchise opportunity. Franchise