3377 New Castle Rd - Hospitality FOR SALE


West Middlesex, PA 16159
$2,500,000 USD
973-244-5997
3377 New Castle Rd, West Middlesex, PA for Sale
$2,500,000 USD
Hospitality - FOR SALE
1/38
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3377 New Castle Rd
West Middlesex, PA 16159


HIGHLIGHTS

  • Growing area with upside potential and owner financing available to qualified buyer with 30% down payment

OVERVIEW

This 153 Rooms 3 story interior corridor hotel with indoor swimming pool and moderate Food and Beverage. The hostel did the following revenues for the year of 2024: Room Revenues: $ 1,028,138 Other Revenues:$ 52,261 Food and Beverage: $ 114,975 Banquet Revenues: $ 82,849 Gross Revenues: $ 1,196,450 Hotel offered at 2.4 times room revenues. Owner operator required to operate and manage. Owner financing available to the qualified buyer with 30% down payment. Property offered at

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$21 USD /SF

# OF ROOMS

153

PRICE/ROOM

$16,340 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Park Inn Sharon

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1972

PARKING SPACES

252

LAND DETAILS

LAND ACRES

9.36 AC

LAND SF

407,722 SF

ZONING

C

APN/PARCEL ID

27-19865

ASK ABOUT THIS PROPERTY

Sanjay GuptaWith Times Commercial RealtyMore Info
973-244-5997

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Sanjay GuptaWith Times Commercial RealtyMore Info
973-244-5997

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.