Here's why:
Vernal is currently one of the fastest growing communities in Utah and one of the fastest in the Nation. One of the biggest factors contributing to this is the explosion in growth of the Oil & Gas industry. Aside from that Vernal is poised to take advantage of the development of alternative fossil fuels such as oil shale and tar sands deposits. Vernal is also a world famous tourism destination for its dinosaur research and museums, camping, fishing, and hunting as well as many other outdoor activities. Utah State University is also building a new multi-million dollar satellite campus which will bring many new faculty, students, and research opportunities to the community.
Due to the huge influx of Oil & Gas industry workers there is currently a huge demand for rental properties. Few options currently exist for renters and Oil & Gas Industry companies are in need of corporate rentals to house their employees. Many other development opportunities currently exist for Retail, Office, and Industrial space.
We hope to provide a useful resource for anyone interested in investing in Vernal! Please feel free to use this website as a tool in your investment decision making. If you have any questions regarding the Vernal real estate market feel free to contact any one of us!
Thank you,
Your Invest in Vernal team!
Sarah Prince