277 W Old HWY 91, Parowan, UT 84761

$1,190,000
Property Type: MultiFamily Square Footage: 7,718 Lot Size (sq. ft.): 84,071 Status: Closed
Current Price: $1,190,000 List Date: 8/23/2023 Last Modified: 9/15/2024

Overview

Description

Operating motel located in Parowan off Old Highway 91. 18 total units with opportunity to grow. Large 1.93 acres with 3 separate parcels. Main house- 3,024SqFt , 10 plex- 2,774SqFt , 6 plex- 1,920SqFt. 8 units located in the back east side of 10 plex, plumbed and wired for electrical but are not currently livable and are being used as storage. Estimated to be 1,800SqFt. Large metal roofed storage/garage approx. 1500SqFt. Motel is still operating so please do not go-and-show and disturb tenants, contact our office for showings. Buyer to verify all information.

Listing Details MLS# 23-243956

Location, Tax & Legal

House Number
277
Street Direction Pfx
W
Street Name
Old HWY 91
MLS Area
Outside Area
State/Province
UT
Postal Code
84761
County
Iron
Tax ID
0011871
Total Taxes
4059.19
Tax Year
2022
List Price/SqFt
154.19

General Prop Info

Realtor.com
Multi-Family
Lot Acres
1.93
Hot Tub YN
Yes
Pool Private YN
No
Year Built
1996
# of Buildings
3
Number of Units
18
Total SqFt
7718
# Floors
Yes
HOA Transfer Fee
No

Contract Info

Original List Price
1190000
Short Sale Status
No

Status Change Info

Sold Date
2023-10-30
Under Contract Date
2023-09-08
Sold Price/SqFt
132.81

Remarks & Misc

Public Remarks
Operating motel located in Parowan off Old Highway 91. 18 total units with opportunity to grow. Large 1.93 acres with 3 separate parcels. Main house- 3,024SqFt , 10 plex- 2,774SqFt , 6 plex- 1,920SqFt. 8 units located in the back east side of 10 plex, plumbed and wired for electrical but are not currently livable and are being used as storage. Estimated to be 1,800SqFt. Large metal roofed storage/garage approx. 1500SqFt. Motel is still operating so please do not go-and-show and disturb tenants, contact our office for showings. Buyer to verify all information.
Directions
Take exit 75 for UT-143 toward Parowan/I-15. Turn right onto UT-143 S/W 200 S . Turn right onto S 600 W. Turn left onto W Old Hwy 91/Old US Hwy 91. Destination will be on your right.

Construction

Wood Frame
Yes

More Information

Zoning

Residential
Yes

Garage/Carport

Carports
Yes

Terms of Sale

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Roof

Metal
Yes

Heating

Electric
Yes
Gas FA
Yes

Air Conditioning

Central Air
Yes
Window Cooler
Yes

Showing Instructions

Call Listing Agent
Yes

Property Features

Construction: Wood Frame Roof: Metal Heating: Gas FA; Electric Air Conditioning: Central Air; Window Cooler Showing Instructions: Call Listing Agent Zoning: Residential Terms of Sale: Cash; Conventional; FHA; VA

Documents

Listing Office: Re/Max Properties
Last Updated: September - 15 - 2024
Information deemed reliable but not guaranteed.
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