Sanjay Gupta
Hotel Motel Broker Specialist
Phone 973-244-5997
Fax 973-244-5998

Flag With Times Commercial Realty

Franchise Hotel for Sale in Pennsylvania
Not Available

 
   

We are pleased to present the 70 rooms upper mid market franchise hotel in Pennsylvania. The property is three story interior corridor facility with indoor pool. The property also has an adjacent lot for 6 acres which would be provided to the purchaser with no extra cost. Property is located near Pittsburgh. Property has businesses and demand generators to support the income stream of the hotel.

As obvious from above results that the CAP rate for the property did drop only .26% in 2009 which is not too significant showing the strong positioning of the property and as such did not appear to have been effected significantly with the Economic meltdown.The property is built in 1994 and has 20 Jacuzzi suites in there and has indoor pool as well. The owner is also giving a parcel of 7 acres of land which is adjacent to the land and is coming without any cost with the asking price of the hotel at $4,200,000 (four million two hundred thousand dollars).

 

Detailed financial package upon request .