1600 Industrial Hwy - Hospitality FOR SALE
Pottstown, PA 19464 |
1600 Industrial Hwy
Pottstown, PA 19464
HIGHLIGHTS
- Fee Simple Interest in the absentee-owned and third-party managed Best Western Plus / Executive Residency Pottstown, PA
- Subject Hotel is the only dual-branded hotel product in the immediate area catering to both transient and extended-stay guests
- Offered unencumbered by debt and management with the ability to retain the Best Western flag via auto transfer
- Significant operating improvements upon transfer to more hands-on ownership with more than $75 RevPAR available in the market
- The Subject Hotel underwent a $1.3M / 12K per key renovation that included a brand new roof, FF&E, laundry machines, and re-sealed parking lot.
- Opened as a 112-room Best Western Plus / Executive Residency in Sept. 2021 & is eligible for conversion to dual flags with Choice, Wyndham & Sonesta
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Comfort Inn & Suites Pottstown
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
54944
STORIES
4
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1987
PARKING SPACES
207
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
IN
APN/PARCEL ID
42-00-02015-004,42-00-02015-202
