277 W Old HWY 91, Parowan, UT 84761 (MLS# 23-243956)

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

Contract Info

Original List Price: 1190000
Short Sale Status: No

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

Status Change Info

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

More Information

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