MOAB, UT– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has arranged the sale of La Quinta Inn & Suites, (top right photo) a 99-room hotel in Moab.The property was listed at a price of $7 million and sold at an undisclosed price.
Christian Child and Mike Francis, both senior associates in the Salt Lake City office of Marcus & Millichap, represented the seller.
“La Quinta Inn & Suites was an excellent opportunity for the buyer to acquire a well-maintained mid-scale hotel that has seen increases in revenue every year since 2005,” says Child.
“The hotel is situated in an area that is seeing increased tourism,” adds Francis. “Within a 100-mile radius of Moab are four national parks, four state parks, numerous national monuments, and historic sites.” 
Located at 815 South Main St., the hotel is situated on 2.44 acres, just off Highway 191 in the center of Moab.
Located at 815 South Main St., the hotel is situated on 2.44 acres, just off Highway 191 in the center of Moab.
The hotel has three floors, a continental breakfast area, business center, meeting room, exercise room, guest laundry, vending machines and a swimming pool.
Press Contact: Stacey Corso, Communications, Department, (925) 953-1716
Press Contact: Stacey Corso, Communications, Department, (925) 953-1716
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