OLD PINE INN - CBC Advisors
Transcription
OLD PINE INN - CBC Advisors
OLD PINE INN 110 South Main Street, Marysvale, Utah Have you ever dreamed of leaving the hectic life of the city, moving to a little country town and having a Country Inn? Well, you have just hit pay dirt my friend (because, as luck would have it, Moore’s Old Pine Inn and Old West Town in historic Marysvale, Utah is for sale. This little jewel keeps clicking away on its 22 years’ reputation of superior service, outstanding hospitality, and rooms to die for. Best of all it has location, location, location! We are located in the very heart of the world famous Paiute ATV Trail, the longest ATV Trail In the world! That is right, if you love outdoor recreation NO PLACE has all the aesthetics of Marysvale, Utah. TOM HEAL, CCIM 801.372.9006 www.cbcadvisors.com [email protected] OLD PINE INN HISTORY Moore’s Old Pine Inn may be a very difficult property to put a dollar value on. Some items of consideration include: The Innkeepers have run this business to meet their own personal desires and needs. They left corporate life and high paying jobs to have a more wholesome and fulfilling lifestyle. In doing so they have elected to generate the majority of their income through room rental and have put a lesser importance on areas of income potential that is typical of an Inn this size. Areas of growth with great income potential are food, gift shop, ATV rentals to non guests and being open to pursue winter business. This property is UNIQUE and is embodied with historical significance. It was built in 1882 and is “Utah’s Oldest Historic Hotel” (this can be verified by Utah Historian Kent Powell). The original Pines Hotel was built during the height of the Cowboy Era and the feeling of the Old West still lives. The infamous outlaw Butch Cassidy made his presence here and Western Novelist Zane Grey hung his hat here while doing research for his writings. There are many antiques of the time period in the Inn including (2) covered wagons. Pine Creek runs through the property, mature trees over 100 years old provide a city park atmosphere, 2 acres of property on Highway 89 and centered in the very heart of the Piute ATV Trail system (the largest and best known ATV Trail in the USA.) This property is inherently valuable on many fronts. pavilion OLD PINE INN HIGHLIGHTS • List Price $1,200,000 • The Old Pine Inn is Utah’s Oldest Historic Hotel built in 1882. • Located on Scenic Hwy 89 in the heart of the famous “Paiute ATV Trail” • The Inn sits on 2.64 acres with Pine Creek running through property (surveyed in 2003) • Total Building: 7,587 SF Inn 3,921 SF Cabins 2,106 SF Gift Shop 324 SF Laundry 576 SF Covered Decks 660 SF • Completely rewired & re-plumbed (total renovation) in 1995 • New roof was installed on hotel in 2009 • (5) direct vent fireplaces (1) wood burning stove in the office • 11 cabins, each approximately 290 SF • Gift Shop building was the original ticketing office for the Rio Grande Railroad. The building is 18’ x 18’ 324 SF Located on the front of the property. • Two story laundry/personal residence building located behind the Inn. This building is 12’ x 24’ x 2 576 SF with covered deck/porch. The upstairs can be used for innkeepers, rental or for “overflow”. • Majority of the property is totally landscaped with lawn Automatic sprinkler systems Fire pit for guests Horseshoe pit Two above ground raised garden areas • Pavilion was constructed in the spring of 2013 to enable guests to enjoy more outdoor seating, cooking and for entertainment events. (Completion of an outdoor kitchen is under consideration) gift shop covered area www.oldpineinn.com www.atvrecreations.com OLD PINE INN HIGHLIGHTS 15 Total Themed Rooms cabin • 7 rooms at the Inn • 5 rooms built as “Old West Town” (2003) • 2 stand alone cabins (Renovated 2001) • 1 room in separate building • Covered decks • Large open yard area cabin and laundry room storage rear cabins OLD PINE INN OUR GUESTS The majority of the Inn’s guests are destination oriented. They come to ride the Paiute ATV Trail. The ATV Trail has immediate access from the Old Pine Inn, and requires no trailering of machines. The majority of Inn guests are groups and families that come on an annual basis. Many have been coming to Old Pine Inn for over 20 years. Their stay is up to 10 days per visit. They come as far north as Logan, Utah and south to Las Vegas, Nevada. Many come multiple times per year. Old Pine has a solid book of business and strong customer loyalty. Many of the guests have standing reservations for the same time period every year. The Inn’s motto is: “Leave Your Stress at the Door.” More often than not, that is the feeling the customers have after leaving their stressful and hectic lives behind at home. PAIUTE ATV TRAIL The Paiute ATV Trail is a 275-mile loop trail that has no beginning and no end. It passes through valleys and three mountain ranges from 5,600 to 12,000 feet in elevation. It includes nearly 1,500 miles of other marked side trails and another 1,500 miles of Bureau of Land Management and Forest Service roads and trails. The trail system leads to several ATV Friendly towns. This famous trail is home to the ATV Jamboree every August, and to the Rocky Mountain Jamboree every September. Dirt Wheels Magazine, ATV Illustrated and other notable publications have rated the Paiute ATV Trails as one of the “BEST ATV Trails” in America. A National Geographic Paiute ATV Trail Map is available to purchase at the Inn. OLD PINE INN 110 South Main Street, Marysvale, Utah OLD PINE INN 2.64 Acres 89 OLD PINE INN 110 South Main Street, Marysvale, Utah SITE SITE 89 89