145 n. & 115 n. main st. · for sale | hotel & restaurant 145 n. & 115 n. main st....
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31734
243 E. St. George Blvd. Suite 200St George, Utah 84770(435) 628.1609 | naiexcel.com
Exclusively Listed by:
www.naihospitality.com
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145 N. & 115 N. Main St.Manti, Utah 84642
OFFERING MEMORANDUM
Greg Whitehead, MBAoffice: direct: email:
Gregg McArthur, MBAoffice: direct: email:
145 North & 115 North Main • Manti, Utah 84642
CONFIDENTIALITY & DISCLAIMER
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and the same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice, and of any special listing conditions imposed by our principal. no warranties or representations are made as to the condition of the property or any hazards contained therein are to be implied. The information portrayed on the map, while not guaranteed, has been secured from sources deemed reliable. Consult a surveyor for precise boundaries.
NAI Excel | naiexcel.comGreg Whitehead | Gregg McArthurOffered By:
PROPERTY DESCRIPTION
PROPERTY SUMMARY
PROPERTY PHOTOS
LOCATION MAPS
DEMOGRAPHIC ANALYSIS
AREA INFORMATION
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Table of Content
145 N. & 115 N. Main • Manti, Utah 84642
NAI Excel | naiexcel.com
Property DescriptionNAI Excel Hospitality has been retained to exclusively represent the owner in the sale of the 23 room Country
Village Motel and Dirk’s Farmhouse Restaurant. This beautiful hospitality property is located the heart Sanpete
County in Manti, Utah. Located approximately 120 miles south of Salt Lake City. The Country Village Motel and
Dirk’s Farmhouse property is conveniently located on Highway 89 which is noted as ‘National Parks Highway’ as it
links tourist to seven national parks across the intermountain west. Near by attractions include Snow College, the
Arapeen ATV trails, Palisades Golf Course and Manti Temple.
Property amenities include: brick exterior construction built in 1987, covered entryway and walkways, full lobby
and check in area, on-property full-service stand alone restaurant, guest laundry facilities. The hotel has the
following room amenities: Flat screen TVs, complimentary WIFI internet access, microwave and fridge in each
room, direct dial phones, hard wood furniture, large suites available, and handicap accessible rooms available.
The Country Village Motel had revenue of $246,794.32 in 2018 and Dirk’s Farmhouse Restaurant had $500,892.20
in sales in 2018. This is the perfect opportunity for a new or existing operator to enter the into a well maintained
highly regarded independent hospitality property in the heart of central Utah.
1Greg Whitehead | Gregg McArthurOffered By:
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Investment Highlights
• Premier location in Sanpete County on Highway 89
• 23 Rooms Independent Motel
• 98 Seat Highly Rated Restaurant
• Well built and property maintained property
• $246,794.32 in 2018 sales for County Village Motel.
• $500,982.20 in 2018 sales for Dirk’s Farmhouse Restaurant.
Common Area Features
• Brick Exterior Construction
• Covered Entryway with Full Lobby
• On Site 2 Bedroom Manager’s Apartment
• On Site Restaurant with Excellent Reputation
• Guest Laundry
Common Area Features
• Flat Screen TVs
• Complimentary WIFi Internet Access
• Microwave and Fridge in Each Room
• Direct Dial Phones
• Hard Wood Furniture
• Large Family Suites Available
• Handicap Accessible Rooms
OFFERING TERMS
SALE PRICE
$1,295,000
FOR MORE INFORMATIONhttp://helloarti.com/view/34729
TEXT 18650 TO 39200
NAI Excel | naiexcel.com 2Greg Whitehead | Gregg McArthurOffered By:
Property SummaryPROPERTY Manti Country Village Motel &
Dirk's Farmhouse Restaurant
PROPERTY ADDRESS 145 & 115 N. Main StreetManti, UT 84642
TAX ID 1561
FOUNDATION Concrete
FRAMING Wood
EXTERIOR Brick
PARKING SURFACE Asphalt
ROOF Asphalt Shingles
PLUMBING PVC
ELEVATOR NA
HVAC PTAC
WATER Manti City
PHONE MTCC Fiber Internet
ELECTRIC Manti City
GAS Questar Gas
HEATING SYSTEM PTAC
CONDITION OF HEATING SYSTEM Good
COOLING SYSTEM PTAC
CONDITION OF COOLING SYSTEM Good
TYPE OF BATH/SHOWER Shower Tub Combo
CONDITION OF BATH SHOWER Good
BATHROOM FLOORING TYPE Tile
CONDITION OF BATHROOM FLOORING Good
DRESSING AREA Ample
CONDITION OF DRESSING AREA Good
TYPE OF FURNITURE Solid Wood
CONDITION OF FURNITURE Good
WINDOW COVERINGS Drapes
CONDITION OF WINDOW COVERINGS Good
ROOM FLOOR COVERINGS Carpet
CONDITION OF FLOOR COVERINGS Good
WALL COVERINGS Textured/Painted
CONDITION OF WALL COVERINGS Good
TELEVISIONS 39"
CONDITION OF TELEVISIONS Good
MICROWAVE/REFRIGERATOR In Each Room
CONDITION OF MICROWAVE/REFRIGERATOR Good
PHONE SYSTEM Direct Dial
VOICE MAIL Phone with Voicemail
INTERNET ACCESS Wireless Internet
YEAR BUILT/RENOVATED 1987
LOT SIZE 0.83
TYPE OF OWNERSHIP Fee Simple
PARKING Ample
HANDICAP PARKING Available
TRUCK PARKING NA
PROPERTY TIER Budget
LOCATION TYPE Urban
QUEEN QUEEN 14
QUEEN 2
KING 5
3 QUEEN 2 ROOM FAMILY SUITE 1
4 QUEEN 2 ROOM FAMILY SUITE 1
MANAGERS UNIT 1 - 2 Bedroom 1 Bath Apt.
TOTAL NUMBER OF ROOMS 23
Greg Whitehead | Gregg McArthur NAI Excel | naiexcel.comOffered By: 3
The Offering
Construction/Mechanical
Utilities
Interior Room Detail
Site Description
Room Breakdowns
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NAME OF OUTLET Dirks Farmhouse Retaurant
TYPE OF OUTLET Sit Down Casual
LOCATION On Site
DISTANCE On Site
SERVES American Diner
NAME OF OUTLET Miller's Drive-Thru
TYPE OF OUTLET Fast Food
LOCATION Nearby
DISTANCE .2 Miles
SERVES American Burgers
NAME OF OUTLET Main Street Pizza
TYPE OF OUTLET Sit Down Casual
LOCATION Nearby
DISTANCE .2 Miles
SERVES Pizza
Greg Whitehead | Gregg McArthur NAI Excel | naiexcel.comOffered By: 4
Food and Beverage Service
FRANCHISE PARENT COMPANY Independent
FRANCHISE AFFILIATION N/A
FRANCHISE ROYALTY FEE N/A
FRANCHISE SYSTEM FEE $0.00
TRANSFER FEE (PAID BY BUYER) None
SEATING CAPACITY 98
TYPE Stand Alone Adjacent Building
PARKING Ample
KITCHEN Full Service
HIGHWAY Highway 89
AIRPORTS Salt Lake City International (120 Miles)
Franchise
Dirk's Farmhouse Restaurant
Transportation
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Greg Whitehead | Gregg McArthur NAI Excel | naiexcel.comOffered By: 5
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Greg Whitehead | Gregg McArthur NAI Excel | naiexcel.comOffered By: 6
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Jason Griffith, CCIM NAI Excel | naiexcel.comOffered By: 7
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Greg Whitehead | Gregg McArthur NAI Excel | naiexcel.comOffered By: 7
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Greg Whitehead | Gregg McArthur NAI Excel | naiexcel.comOffered By: 8
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Jason Griffith, CCIM NAI Excel | naiexcel.comOffered By: 9
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Greg Whitehead | Gregg McArthur NAI Excel | naiexcel.comOffered By: 9
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Greg Whitehead | Gregg McArthur NAI Excel | naiexcel.comOffered By: 10
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SITE
Greg Whitehead | Gregg McArthur NAI Excel | naiexcel.comOffered By: 11
Vegas
SITE
SITE
MANTI HIGH SCHOOL
MA
IN S
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FIRST NORTH
200 NORTH
National Parks in Utah
NAI Excel | naiexcel.com 12Greg Whitehead | Gregg McArthurOffered By:
Site MapRing: 1 mile radius Carly Everett
Latitude: 39.2637Longitude: -111.6350
August 21, 2019
©2019 Esri Page 1 of 1
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POPULATION 1-mile 3-mile 5-mile
2018 Population 3,256 4,133 4,323
HOUSEHOLDS 1-mile 3-mile 5-mile
2018 Avg. Household Size 3.15 3.31 3.30
INCOME 1-mile 3-mile 5-mile
2018 Average HH Income $65,304 $64,956 $64,996
BUSINESS 1-mile 3-mile 5-mile
Total Businesses 156 162 164
Total Employees 1,152 1,209 1,225
Demographics FOR
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FROM MANTI
Salt Lake City, Utah 124 MILES
Las Vegas, Nevada 329 MILES
Los Angeles, California 597 MILES
San Deigo, California 658 MILES
Denver, Colorado 476 MILES
Phoenix, Arizona 541 MILES
243 E. St. George Blvd. Suite 200St George, Utah 84770(435) 628.1609 | naiexcel.com
Offered By:
Regional Parks VisitationDistance to Major Cities
Population/Economy• Sanpete County — 30,035 • Cedar City — 3,540• Median Income of $18,197• Cost of Living Index of 91.3• Unemployment Rate of 3.8%• Median house value of $206,600
Manti, UtahManti, located on Heritage Highway 89 between Gunnison and Ephraim, was settled in 1849 by Mormon pioneers primarily from the east coast who were sent from Salt Lake City to stake claim to the territory. During the early 1850s, a close-knit community of Danish, Swedish, and Norwegian Mormon immigrants settled in Manti, and later in other nearby towns.
2016 2011 2007 Distance
Zion National Park 4,317,028 2,847,403 2,679,181 215 MILES
Bryce Canyon National Park 2,365,110 1,285,492 1,012,563 135 MILES
Canyonlands National Park 776,218 435,908 417,560 193 MILES
Capitol Reef National Park 1,064,904 662,661 554,907 101 MILES
Arches National Park 1,585,718 1,014,405 860,181 181 MILES
Grand Canyon National Park 1,064,904 662,661 554,907 271 MILES
VIEW MARKET STATISTICS FOR OFFICE,
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Greg Whitehead, MBAoffice: direct: email:
Gregg McArthur, MBAoffice: direct: email:
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