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
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