Kokopelli Inn · Kokopelli Inn CONTENTS Exclusively Marketed by: Trenton Bright (435) 820-6801...

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Kokopelli Inn 161 Main St., Bluff UT 84512 O F F E R I N G M E M O R A N D U M

Transcript of Kokopelli Inn · Kokopelli Inn CONTENTS Exclusively Marketed by: Trenton Bright (435) 820-6801...

Page 1: Kokopelli Inn · Kokopelli Inn CONTENTS Exclusively Marketed by: Trenton Bright (435) 820-6801 trent@apex-cre.com Daniel Davis (435) 650-4294 daniel@apex-cre.com We obtained the following

Kokopelli Inn161 Main St., Bluff UT 84512

O F F E R I N G M E M O R A N D U M

Page 2: Kokopelli Inn · Kokopelli Inn CONTENTS Exclusively Marketed by: Trenton Bright (435) 820-6801 trent@apex-cre.com Daniel Davis (435) 650-4294 daniel@apex-cre.com We obtained the following

Kokopelli InnCONTENTS

Exclusively Marketed by:

Trenton Bright

(435) [email protected]

Daniel Davis

(435) [email protected]

We obtained the following information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or otherconditions, prior sale, lease or financing, or withdrawal without notice.  We include projections, opinions, assumptions or estimates for example only, and they may not represent the current or future performance of the property. You and your tax and legal advisors should conduct yourown investigation of the property and transaction.

01 Executive Summary Company Background 5 Location Summary 6

02 Property Description Property Features 8

03 Demographics Demographics 10 Demographic Charts 12

Page 3: Kokopelli Inn · Kokopelli Inn CONTENTS Exclusively Marketed by: Trenton Bright (435) 820-6801 trent@apex-cre.com Daniel Davis (435) 650-4294 daniel@apex-cre.com We obtained the following

Confidentiality & DisclaimerAll materials and information received or derived from KW South Valley Keller Williams its directors, officers, agents, advisors, affiliates and/or

any third party sources are provided without representation or warranty as to completeness , veracity, or accuracy, condition of the property,

compliance or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property,

projected financial performance of the property for any party’s intended use or any and all other matters.

Neither KW South Valley Keller Williams its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or

implied, as to accuracy or completeness of the materials or information provided, derived, or received. Materials and information from any

source, whether written or verbal, that may be furnished for review are not a substitute for a party’s active conduct of its own due diligence to

determine these and other matters of significance to such party. KW South Valley Keller Williams will not investigate or verify any such matters or

conduct due diligence for a party unless otherwise agreed in writing.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections

and investigations including through appropriate third-party independent professionals selected by such party. All financial data should be

verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals.

KW South Valley Keller Williams makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial

data or assumptions. KW South Valley Keller Williams does not serve as a financial advisor to any party regarding any proposed transaction.

All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or

performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be

established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market

conditions, vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the

party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should

be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies

with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other

consultants and governmental agencies. All properties and services are marketed by KW South Valley Keller Williams in compliance with all

applicable fair housing and equal opportunity laws.

Kokopelli Inn Confidentiality and Disclaimer | 03

Copyright © 2019 CREOP, LLC. All Rights Reserved.

Page 4: Kokopelli Inn · Kokopelli Inn CONTENTS Exclusively Marketed by: Trenton Bright (435) 820-6801 trent@apex-cre.com Daniel Davis (435) 650-4294 daniel@apex-cre.com We obtained the following

Kokopelli Inn | Executive Sum

mary

Executive Summary

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Company Background

Location Summary

Page 5: Kokopelli Inn · Kokopelli Inn CONTENTS Exclusively Marketed by: Trenton Bright (435) 820-6801 trent@apex-cre.com Daniel Davis (435) 650-4294 daniel@apex-cre.com We obtained the following

Since 2009, the team at Apex Commercial Real Estate Services has been working hard to find the best deals in real estate and lending for each of their clients. Throughout the years, we have added highly skilled, determined, educated real estate, lending, and development professionals that are eager to serve all of your real estate needs.

Whether you’re a buyer, seller, or investor, Apex Commercial Real Estate Services has the tools and the experience needed to get you to the next step in your portfolio.

Purchasing a new asset can be frustrating, time consuming, and labor intensive. We can help you navigate the road to success and get you to closing quickly, easily, and competently. Looking to get rid of an under-performing asset? Maybe you need a change of scenery? We can help you get out of your current property by bringing sincere, educated, well qualified buyers. We have an extensive network of buyers that we have worked with time and time again.

Kokopelli Inn Company Background | 05

Page 6: Kokopelli Inn · Kokopelli Inn CONTENTS Exclusively Marketed by: Trenton Bright (435) 820-6801 trent@apex-cre.com Daniel Davis (435) 650-4294 daniel@apex-cre.com We obtained the following

Kokopelli Inn Location Summary | 06

Page 7: Kokopelli Inn · Kokopelli Inn CONTENTS Exclusively Marketed by: Trenton Bright (435) 820-6801 trent@apex-cre.com Daniel Davis (435) 650-4294 daniel@apex-cre.com We obtained the following

Kokopelli Inn | Property D

escription

Property Description

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Property Features

Property Images

Page 8: Kokopelli Inn · Kokopelli Inn CONTENTS Exclusively Marketed by: Trenton Bright (435) 820-6801 trent@apex-cre.com Daniel Davis (435) 650-4294 daniel@apex-cre.com We obtained the following

Kokopelli Inn Property Features | 08

PROPERTY FEATURESTOTAL ROOMS 26BUILDING SF 15,876YEAR BUILT 1982# OF PARCELS 3ZONING TYPE RPNUMBER OF STORIES 1NUMBER OF BUILDINGS 5NUMBER OF INGRESSES 2NUMBER OF EGRESSES 2

Parcels IncludedPARCEL 1 C000000B022BPARCEL 2 C000000B022FPARCEL 3 C000000B022G

CONSTRUCTIONFOUNDATION CementFRAMING WoodEXTERIOR StuccoPARKING SURFACE AsphaltROOF Corrugated SteelLANDSCAPING Trees, GrassWINDOWS Double PaneADA COMPLIANT YesINTERIOR-EXTERIOR CORRIDOR InteriorELEVATOR No

Page 9: Kokopelli Inn · Kokopelli Inn CONTENTS Exclusively Marketed by: Trenton Bright (435) 820-6801 trent@apex-cre.com Daniel Davis (435) 650-4294 daniel@apex-cre.com We obtained the following

Kokopelli Inn | D

emographics

Demographics

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Demographic Details

Demographic Charts

Page 10: Kokopelli Inn · Kokopelli Inn CONTENTS Exclusively Marketed by: Trenton Bright (435) 820-6801 trent@apex-cre.com Daniel Davis (435) 650-4294 daniel@apex-cre.com We obtained the following

Kokopelli Inn Demographics | 10

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 290 353 394

2010 Population 213 260 306

2019 Population 212 259 305

2024 Population 213 260 306

2019 African American 3 3 3

2019 American Indian 92 113 158

2019 Asian 1 1 1

2019 Hispanic 11 14 15

2019 Other Race 2 2 2

2019 White 107 130 130

2019 Multiracial 8 9 10

2019-2024: Population: Growth Rate 0.45 % 0.40 % 0.35 %

2019 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15,000 15 18 21

$15,000-$24,999 16 19 21

$25,000-$34,999 14 17 18

$35,000-$49,999 21 25 28

$50,000-$74,999 18 22 24

$75,000-$99,999 11 13 14

$100,000-$149,999 11 14 15

$150,000-$199,999 2 2 3

$200,000 or greater 1 1 2

Median HH Income $40,426 $40,541 $40,599

Average HH Income $54,218 $54,246 $53,575

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 154 180 201

2010 Total Households 108 130 144

2019 Total Households 109 131 145

2024 Total Households 110 132 146

2019 Average Household Size 1.92 1.95 2.08

2000 Owner Occupied Housing 77 93 104

2000 Renter Occupied Housing 57 69 69

2019 Owner Occupied Housing 72 87 100

2019 Renter Occupied Housing 37 44 45

2019 Vacant Housing 48 53 60

2019 Total Housing 157 184 205

2024 Owner Occupied Housing 72 87 101

2024 Renter Occupied Housing 37 45 45

2024 Vacant Housing 49 53 61

2024 Total Housing 159 185 207

2019-2024: Households: Growth Rate 0.90 % 0.75 % 0.70 %

Source: esri

Page 11: Kokopelli Inn · Kokopelli Inn CONTENTS Exclusively Marketed by: Trenton Bright (435) 820-6801 trent@apex-cre.com Daniel Davis (435) 650-4294 daniel@apex-cre.com We obtained the following

Kokopelli Inn Demographics | 11

2019 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2019 Population Age 30-34 13 16 19

2019 Population Age 35-39 14 17 20

2019 Population Age 40-44 11 13 15

2019 Population Age 45-49 10 12 14

2019 Population Age 50-54 13 16 18

2019 Population Age 55-59 17 21 24

2019 Population Age 60-64 17 21 23

2019 Population Age 65-69 16 19 20

2019 Population Age 70-74 14 17 18

2019 Population Age 75-79 6 7 8

2019 Population Age 80-84 2 3 3

2019 Population Age 85+ 2 2 3

2019 Population Age 18+ 169 206 237

2019 Median Age 41 40 39

2019 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43,750 $47,445 $43,115

Average Household Income 25-34 $56,895 $58,147 $55,217

Median Household Income 35-44 $50,000 $46,601 $50,000

Average Household Income 35-44 $66,316 $69,244 $64,636

Median Household Income 45-54 $43,750 $42,897 $52,174

Average Household Income 45-54 $62,221 $63,126 $61,058

Median Household Income 55-64 $42,699 $43,224 $43,351

Average Household Income 55-64 $57,307 $56,312 $55,564

Median Household Income 65-74 $36,000 $36,693 $36,693

Average Household Income 65-74 $45,389 $46,088 $45,588

Average Household Income 75+ $35,294 $35,444 $36,763

2024 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2024 Population Age 30-34 16 20 23

2024 Population Age 35-39 13 16 20

2024 Population Age 40-44 14 17 20

2024 Population Age 45-49 10 13 15

2024 Population Age 50-54 10 12 15

2024 Population Age 55-59 13 16 18

2024 Population Age 60-64 17 21 24

2024 Population Age 65-69 16 19 22

2024 Population Age 70-74 13 16 17

2024 Population Age 75-79 11 13 14

2024 Population Age 80-84 4 5 6

2024 Population Age 85+ 2 2 3

2024 Population Age 18+ 171 209 239

2024 Median Age 42 41 40

2024 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43,750 $47,445 $45,143

Average Household Income 25-34 $61,459 $62,155 $60,491

Median Household Income 35-44 $50,000 $52,863 $53,002

Average Household Income 35-44 $71,751 $71,232 $68,316

Median Household Income 45-54 $50,000 $50,000 $50,000

Average Household Income 45-54 $67,433 $66,953 $67,698

Median Household Income 55-64 $44,216 $46,636 $45,161

Average Household Income 55-64 $60,897 $60,540 $59,212

Median Household Income 65-74 $36,309 $35,000 $36,727

Average Household Income 65-74 $47,214 $47,690 $48,286

Average Household Income 75+ $38,242 $39,027 $39,851

Page 12: Kokopelli Inn · Kokopelli Inn CONTENTS Exclusively Marketed by: Trenton Bright (435) 820-6801 trent@apex-cre.com Daniel Davis (435) 650-4294 daniel@apex-cre.com We obtained the following

Kokopelli Inn Demographic Charts | 12

1 Mile Radius 3 Mile Radius 5 Mile Radius

2019 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2019 Population by Race

Page 13: Kokopelli Inn · Kokopelli Inn CONTENTS Exclusively Marketed by: Trenton Bright (435) 820-6801 trent@apex-cre.com Daniel Davis (435) 650-4294 daniel@apex-cre.com We obtained the following

Kokopelli Inn Demographic Charts | 13

2019 Household Occupancy - 1 Mile Radius

Average Income Median Income

2019 Household Income Average and Median

Page 14: Kokopelli Inn · Kokopelli Inn CONTENTS Exclusively Marketed by: Trenton Bright (435) 820-6801 trent@apex-cre.com Daniel Davis (435) 650-4294 daniel@apex-cre.com We obtained the following

Kokopelli Inn

Exclusively Marketed by:

Trenton Bright

(435) [email protected]

Daniel Davis

(435) [email protected]

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