975 E 6600 S - Hospitality FOR SALE


Salt Lake City, UT 84121
$8,900,000 USD
801-556-1034
975 E 6600 S, Salt Lake City, UT for Sale
$8,900,000 USD
Hospitality - FOR SALE
1/11
null | Request Cap Rate

975 E 6600 S
Salt Lake City, UT 84121


HIGHLIGHTS

  • Rare location off of I-80 interchange in the SE corner of Murray City

OVERVIEW

Receiver Sale - The Receiver is still accepting new interest and offers Studio 6 Extended Stay Motel at 975 E 6600 South, Murray, UT. 132-room motel (1995), guest laundry, hot tub (out of order), pet area, BBQ patio area, kitchenettes, sleeping area, desk area, & bathroom. Access along 6400 South & Ft Union Ave (AADT: 20,000 & 23,000). Salt Lake County Parcel 22-20-178-008, 3.21 acres, 2024 Taxes: $47,662. Zoned G-O (General Office) under Murray City jurisdiction. Well-located near Wheeler Farm, shopping, golf, and ski resorts. Marketed by Highland Commercial - Business and Chancery Court Utah-appointed receivership. (Case 250200043). Any sale is subject to court approval. Contact us for details and all showing requests. Additional information available after receipt of signed NDA. Follow link to sign NDA: https://na1.documents.adobe.com/public/esignWidget?wid=CBFCIBAA3AAABLblqZhDu8r_daPZOYyp_xoYkziXhevy4lvizcDSlPIxsgjOgDtghuGmDLS_BNPFw-YKhufE* Still marketing property for additional time past the previous Receiver deadline. Prospective buyers who would like to offer on the property are required to sign the attached NDA, review the due diligence information, and physically tour the Studio 6 property (with agent by appt). Offers to be submitted on a REPC to Highland Commercial, Inc., include the attached Receiver Addendum, Exhibits, and proof of funds. Additional information is attached and/or can be obtained by contacting Mike Nelson at Highland Commercial, Inc.

FOR SALE DETAILS

PRICE

$8,900,000 USD

PRICE/SF

$148 USD /SF

# OF ROOMS

132

PRICE/ROOM

$67,424 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Studio 6 Murray, UT

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

undefined, undefined, undefined

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1997

PARKING SPACES

121

LAND DETAILS

LAND ACRES

3.2 AC

LAND SF

139,392 SF

ZONING

GO

APN/PARCEL ID

22-20-178-008-0000

ASK ABOUT THIS PROPERTY

Gary NelsonHighland Commercial, Inc.More Info
801-556-1034

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Gary NelsonHighland Commercial, Inc.More Info
801-556-1034

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.