230W. 400N. Scipio, UT

Scipio, UT 84656

Property Type: Hotel

Property Features

  • Price: $2,000,000
  • Total Lot Size: 1.66AC
  • Building Size: 18,414
  • Year Built: 2001

Property Description

Peak Collective Real Estate with KW Commercial is pleased to present for sale the Scipio Hotel 230 West 400 North, Scipio UT 84656.

Located right off I-15 freeway corridor, the Scipio Hotel is a 32-key interior corridor hotel. The building is 18,414 SF and is on 1.66 AC of land. The hotel was built in 2001. All beds feature premium bedding, flat-screen tvs & refrigerators and microwaves in every unit.

Investing in The Scipio Hotel would be a prudent decision for hotel proprietors seeking to expand their portfolio.
The property was constructed in 2001 and is meticulously maintained.

The hotel’s ideal location, combined with the exclusivity as the only hotel in Scipio, means that weekends are constantly at capacity, especially during the summer months.

Amazing Value Add Potential.
The current owner is an absentee owner, which means hands on management or an owner/operator could be a great value add for this property. Rebranding this independent hotel as a branded franchise could also be a wonderful value add for this property.

In addition, Property had a pool that is no longer in operation. The current owner had plans to replace the space with 4-5 suites to generate additional revenue but didn’t get the chance. The owner has turned the managers apartment into an extended stay and is currently charging $2500 a month, with limited housing in town or the surrounding area this could be a great value-add opportunity for additional units.

Vacant land behind the hotel allows for additional expansion or possible space for an RV park.

Kody Watts

Co-Owner and Co-Founder


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4020 W Daybreak Pkwy
South Jordan, UT 84009

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Confidentiality Agreement

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The Seller has provided confidential information to Peak Collective Real Estate, , KW South Valley Keller
Williams (Broker) for the intent of marketing, buying, and/or selling their business, real estate, and/or
assets. In consideration of the disclosure of certain confidential information, Prospect hereby understands
and agrees to the following:
Prospect agrees to keep all Confidential Information in the strictest confidence and will not disclose the
same to third parties except as hereinafter provided. The term “Confidential Information” includes any and
all information provided to Prospect by Seller or Broker regarding the operations, interests, financial
performance, and/or assets of Seller, and includes information provided through discussion of the
operations, interests, financial performance, and/or assets of Seller.
Prospect agrees not to disclose any confidential information to any other person who has not also signed
this Agreement except to secure the advice and recommendations of those professionals who constitute
Prospect’s business advisors and lending institutions who will be directly involved in evaluating the
operations, interests, and/or assets of Seller for or on behalf of Prospect. In sharing Confidential
Information with said professionals, Prospect agrees to prohibit disclosure of the same by those
professionals to any third parties and assumes direct responsibility for enforcing such prohibition and for
any breach thereof. Any information which is disclosed pursuant to this agreement shall remain
completely confidential until the sooner of: (a) the public disclosure of said information by the party to
which the information belongs, or (b) any applicable limitation set forth by law.
Prospect agrees it will not in any way contact the landlords, employees, suppliers, customers, or any other
person or entity associated with the Seller without the Seller’s prior consent. Any information obtained by
Prospect through such authorized contact shall be considered Confidential Information and treated as
stated herein. Prospect agrees it will not make copies of any Confidential Information provided herein
except with written authorization from Seller. Prospect will immediately notify Broker of any
unauthorized releases of Confidential Information. Broker makes no warranty, express or implied, as to the
accuracy of said Confidential Information and is not responsible for the same. Prospect, therefore, agrees
to hold Broker harmless for any inaccuracies in such Confidential Information and is not responsible for
the same. Prospect, therefore, agrees to hold Broker harmless for any inaccuracies in such Confidential
Information, or for any incompleteness in the same which operates to the detriment of Prospect. It is the
responsibility of the Prospect to determine the accurateness, or lack thereof, of any Confidential
Information provided.
Prospect agrees not to use Confidential Information received to its advantage by directly competing with
Seller. In the event Prospect determines not to purchase the business operations, interests, and/or assets
of Seller, all Confidential Information shall be surrendered to Broker upon written request and Prospect
will not use, disclose, or disseminate any of said Confidential Information thereafter. Prospect

2 of 2
agrees and acknowledges that any breach of this agreement would cause irreparable harm to Seller for
which damages will be difficult to ascertain. Therefore, in addition to all available remedies of the law,
Seller shall be entitled to equitable relief. Seller and/or Broker shall be entitled to recover from Prospect
attorney fees and costs associated with enforcing this agreement. The Prospect hereby further agrees not
to circumvent Broker or directly contact, negotiate, or enter into an agreement to acquire the property
or assets of Seller without working through Broker. Prospect acknowledges that Broker is entitled to
equitable compensation for its services and breach of this agreement could Compromise Broker’s ability
to collect compensation from Seller. Therefore, in addition to all available remedies of the law, Broker
shall be entitled to equitable relief including a fee equal to 10% of the purchase price. Upon signing this
agreement, Broker will provide Prospect information on one or multiple properties and/or businesses. This
agreement shall be fully applicable and in force for the property located at 230 West 400 North, Scipio,
UT 84656 (the Property) presented to Prospect by Broker for a period of 2 years from the date of this
agreement or for as long as Broker is entitled to earn a commission from Seller, whichever is less. This
agreement shall survive the closing or sale of the Property, and shall be binding on Prospect’s heirs,
successors and/or assigns. This agreement shall be governed by and is subject to thelaws of the State of
Utah. If any provision is found unenforceable or invalid there under it will not invalidate or render the
remaining provisions unenforceable. I acknowledge that I have read the Agreement carefully, fully
understand it, and agree to it.
Recipient understands that while the information provided by Broker and the Owner is believed to be
accurate, it is not guaranteed and should be confirmed independently by the Recipient. Recipient
understands that Kody Watts with KW South Valley Keller Williams shall be representing the Owner
exclusively in any transaction involving the Property.

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