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Emily Hayes

CEO Emily Hayes Homes | Emily Hayes Homes | Keller Williams | PLACE

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311 E Main St , Vernal, UT 84078
$2,995,000
Est. Payment: $6,655.56/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 25
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69315 - 4020430,99010126
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House Description

Position your portfolio for steady cash flow and long term growth with this renovated 50 room and manager apartment hospitality property located in the heart of Vernal. This turnkey investment opportunity sits on 1.06 acres with 64 parking spaces and continues to benefit from strong tourism, energy, outdoor recreation, and business travel traffic throughout the Uinta Basin. Originally built in 1982, the property underwent major upgrades and improvements following a 2024 rebrand, creating a modern and welcoming experience for guests while reducing future capital expense concerns for a new owner. This property presents an outstanding opportunity for investors seeking a hospitality asset with strong curb appeal, updated infrastructure, and immediate operational potential. Its location in one of eastern Utah's busiest tourism and recreation corridors places guests within reach of national parks, dinosaur attractions, oil and gas industries, hunting, fishing, and year round outdoor recreation. Property sold "As Is", with no seller warranties.

Highlights

Listed by LJ Jackson , 435-789-7265 and Sonja Norton , 435-789-7265 Ashley Valley Realty, Inc. , 435-789-7265.

Property Type

Commercial Sale

Lot/Acreage
1.06

Year Built

1982

County

Uintah

Area

Vernal; Naples; Jensen

Listing ID

2159941

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Appliances:Furniture, Good Will, Real Estate, Supplies
Air Cond:Central Air
Fireplaces:
Floor:Carpet,Tile
Other:
  • Alarm:Fire
  • Laundry:Central
  • Mezzanine:Office
  • Restroom:Private
  • Additional:Kitchen, Range/Oven, Refrigerator, Video Camera(s)

Exterior Features

Lot Dimensions:145.0x320.0x145.0
Garage Capacity:0
Zoning:CC1
Roof:Asphalt,Metal
Others:
  • Additional:Paved Parking, Playground, Blt./Standing
Principal Interest
$6,656
Taxes
$563

Home Price

$2,995,000

Loan Details

30 yrs
%

Down Payment

20%
$599,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,655.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,655.56 $563.25 $0.00 $7,218.81
Yearly $79,866.67 $6,759.00 $0.00 $86,625.67
Total $2,396,000.00 $202,770.00 $0.00 $2,598,770.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Vernal, UT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.