Hotel for sale near Hershey Pennsylvania

Hotel Swimming Pool
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Description of Motel
Corridors: Interior
Number of Rooms: 130
Number of Stories: 5

Reasons for Selling: Looking for bigger investments in our portfolio

Hotel amenities and features include:

  • Free wireless high-speed Internet access in the lobby
  • Free local calls
  • Free weekday newspaper
  • Exercise room
  • After a long day, relax in the beautifully landscaped courtyard, featuring a seasonal outdoor pool, gazebo and pond with a waterfall.
  • Families will enjoy the on-site game room.

This Pennsylvania hotel provides corporate travelers with conveniences like private meetings rooms and banquet facilities that accommodate up to 350 people. Access to copy and fax services is also offered. All guest rooms include coffee makers, irons, ironing boards and hair dryers. Executive rooms also include refrigerators and microwaves.

Year to date as of March end revenues numbers are high for the amount of $ 30,0000 and as such better Net Income is expected this year.

Year201620172018 Trailing 12 months as of Sept 2018
Occupancy30.5%36.3%40.04%
ADR$76.72$74.40$73.10
RevPAR$23.37$$27.04$29.55
Room Revenue$1,286,931.65$1,440,602.86$1,398,791.74
Other Revenue$73,541.94$75,687.87$83,216.08
F&B Revenues$80,451.06$67,443.60
Gross Revenues$1,360,473.59$1,440,602.86$1,549,451.42
NOI$443,927.20$523,527.77$588,912.68