147 N 300 E
12 Bed | 14 Bath | 8800 ft2 | 1.46 Acres
CASTLE VALLEY Bed and Breakfast- 11% Cap Rate! - A scenic 16-mile drive from downtown Moab, you will find this wonderful parcel of land with a "grandfathered in" income generating business, ready for you to take the helm. This well cared for property comes equipped with both a water well as well as irrigation rights, allowing you to build upon the already flourishing 60 tree orchard and gardens. Comprised of three buildings (8 rent-able spaces w/ 8 bathrooms, 2 bed/1 bath innkeepers quarters), this thriving bed and breakfast business is included in the sale price, providing you ample income as you settle into your new lifestyle, with an inn keepers quarters providing you living quarters as well. This bed and breakfast is the ONLY permitted bed and breakfast in Castle Valley, ensuring zero competition in the immediate future and area. The property has a total of 3 buildings, a detached 2 car garage, outdoor dining, hammocks, frisbee golf, lush flower beds and a hot tub surrounded with a deck. The current owners have done a fabulous job nurturing the grounds to provide you with green grass, lush trees, happy wildlife, and bountiful fruit. Enjoy breathtaking views of Parriott Mesa, the La Sal Mountains, and the milky way with Castle Valley's incredible landscape and dark skies from the hot tub or various seating areas on the property. Walk the grounds listening to the sounds of Castle Creek that borders the property, and enjoy cascading shade from the mature trees and the sound of rustling leaves from the deep-rooted cottonwood trees in the summer. This property offers the perfect mix of southwestern lifestyle with an incredible business opportunity. The neighboring property and home are available for sale in conjunction with the bed and breakfast. Contact listing agent for more information. Seller financing is available.
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