6315 Paradise Valley Rd - Hospitality FOR SALE


Mount Pocono, PA 18344
$1,950,000 USD
570-801-6170
6315 Paradise Valley Rd, Mount Pocono, PA for Sale
$1,950,000 USD
Hospitality - FOR SALE
1/10
null | Request Cap Rate

6315 Paradise Valley Rd
Mount Pocono, PA 18344


HIGHLIGHTS

  • Over 40,000 SF of Buildings
  • 11 Buildings plus additional garages
  • On-Site Sewer/Water
  • 900' Road Frontage

OVERVIEW

Currently operating Inn-Motel/Resort facility on 20+ acre, consisting of 11 buildings (several motel style buildings, 43 existing rooms, a former B&B, 3 apartments, 2 cottages, 1 single family home, coin-op laundry & 2 garages). Deferred maintenance present and repair needed on all buidlings. On-site buildings include a former restaurant/bar, outdoor swimming pool, mix of tennis & basketball courts, picnic areas. Current zoning B-1, Neighborhood Business District zoning w/resort overlay. Supports a variety of potential alternate uses. Located within minutes to Kalahari Mt Airy Casino and other major tourist attractions, accommodations and the area's largest employers. PLEASE NOTE: Property has septic issues which will require new system(s) and updated permitting. Financials are NOT AVAILABLE.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$48 USD /SF

# OF ROOMS

43

PRICE/ROOM

$45,349 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Economy Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

20.46 AC

LAND SF

891,238 SF

ZONING

B1

APN/PARCEL ID

11/5/3/13

ASK ABOUT THIS PROPERTY

Jennifer MickensTACM Commercial Realty IncMore Info
570-801-6170

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Jennifer MickensTACM Commercial Realty IncMore Info
570-801-6170

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