Sanjay Gupta
Hospitality Asset Sale Specialist and Advisor
Phone 973-244-5997
Fax 973-244-5998

Flag With Times Commercial Realty

View Sanjay Gupta's profile on LinkedIn

95 Rooms Franchise Motel for sale in Western PA

Number of Units: 95 hotels for sale motels for sale
 
Price: $2,400,000

Description of Motel:
Corridors: Exterior
No. of Rooms: 95
No. of Stories: 2
Reasons for Selling: Relocating

Amenities:
24-Hour Reception Desk
Balconies Available
Bus/Truck
Parking Coffee/Tea Maker
Cribs Available
Daily Housekeeping
Fitness Center
Free Breakfast
Free WiFi
Hairdryer
Pet Friendly
Rollaway Beds Available
Free Parking
Room Service
Business Center with Internet Access

  2014 2015 2016
ADR $52.56 $58.86 $60.01
Occumapcy 41.9% 41.5% 37.8%
Revenues $757,291.00 $847,465.00 $809,871.00
       

 

Two Best Ski Resorts for winter business about 16 miles from the hotel

Two interstate highways in the area. Lots of Coal and Gas and Oil business predicted in Future

One billion dollar ethane cracker plant from Shell is coming in Western Pennsylvania which will give an estimated economic impact of about 6 Billion Dollars in the region and Shell is likely to break ground in late 2017. This will be the largest plant in North America of its kind. If Shell breaks ground it will change the scenario for hotels there. Property is located in Western Pennsylvania and would be about 45 miles from the site of the proposed plant.

Following link will give more information on the proposed plant. https://www.governor.pa.gov/governors-wolf-corbett-legislators-stakeholders-hostroundtable-to-discuss-economic-impact-of-new-shell-plant/

Detailed financial package available to qualified and serious buyers only.