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Accepting Offers Again 26 E Main St Lot | Terrain commercial | 0,11 ha | À vendre | 949 157 € | Lehi, UT 84043
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Full Permit Approved 22 Key Boutique Hotel Development on High Traffic Main Street Downtown Lehi
Résumé analytique
Prior buyer's financing fell, through. Accepting offerings on this great fully permitted property again!
Key Highlights:
Turnkey Opportunity: All groundwork, permits, and approvals completed by experienced developer.
Strong Financials: Pro forma projections indicate an 8-10% cap rate (potentially higher with conservative room rate assumptions).
Cost-Efficient: $65k per key vs. $100k+ average for upper midscale boutique hotels in high-traffic Western U.S. markets.
Flexibility: Property can be repurposed for multi-family housing (buyer responsible for new permits/approvals).
Financing: Development/construction loan approvals secured from three lenders.
Seller’s Position:
Experienced developer seeks to reduce workload and is not under pressure to sell. Full property purchase scheduled for October 1, 2025.
Included Documentation:
Property architecture approvals
Listing agreement and additional materials available upon request.
This is a rare, shovel-ready opportunity in a prime downtown Lehi location.
Key Highlights:
Turnkey Opportunity: All groundwork, permits, and approvals completed by experienced developer.
Strong Financials: Pro forma projections indicate an 8-10% cap rate (potentially higher with conservative room rate assumptions).
Cost-Efficient: $65k per key vs. $100k+ average for upper midscale boutique hotels in high-traffic Western U.S. markets.
Flexibility: Property can be repurposed for multi-family housing (buyer responsible for new permits/approvals).
Financing: Development/construction loan approvals secured from three lenders.
Seller’s Position:
Experienced developer seeks to reduce workload and is not under pressure to sell. Full property purchase scheduled for October 1, 2025.
Included Documentation:
Property architecture approvals
Listing agreement and additional materials available upon request.
This is a rare, shovel-ready opportunity in a prime downtown Lehi location.
Informations sur l’immeuble
1 Lot disponible
Lot
| Prix | 949 157 € | Surface du lot | 0,11 ha |
| Prix par ha | 8 686 733,21 € |
| Prix | 949 157 € |
| Prix par ha | 8 686 733,21 € |
| Surface du lot | 0,11 ha |
Hotel Development Project in Downtown Lehi Price: $1.4MM Property Size: 0.27 acres (Commercially Zoned) Development Plan: Fully approved 22-room boutique hotel ("Ember Hotel") with all city/county permits in place.
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100
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Accepting Offers Again | 26 E Main St
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