This property is currently operating on a 10.44% CAP Rate. Owners are selling at the business operation's peak of performance. Turn-key ready and you can start seeing a ROI the month following the closing on this property. This excellent business opportunity is located in the beautiful tourist town of Kanab, UT! The restaurant (Jake's Chaparral) features live entertainment and is a hot-spot for bus tours, year round! Listing price includes an impressive business opportunity (restaurant, gift shop, and a charming courtyard with a western theme)! Top that off with a beautifully remodeled home that's attached to the building and offers more income opportunity as it includes 3 apartments! This incredible business opportunity is shown by appointment only! Buyer to verify all information provided. Total property taxes for both parcels is $5,231.87. DO NOT CONTACT STAFF AT ANY TIME!!!
|--||New Value: $2,700,000|
|1/13/2020 1:31:52 PM||New Value: $2,700,000|
|10/14/2019 1:33:00 PM||New Value: $2,985,000|