404-877-9208
194 Lakeview Dr, Lakeville, PA for Sale
Hospitality - FOR SALE
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194 Lakeview Dr
Lakeville, PA 18438


HIGHLIGHTS

  • Redevelopment - Offered well below replacement cost, 136 acres to redevelop or upgrade existing facilities to modernize and capture new business
  • Branding Opportunity - Multiple major branding options for resorts to include outdoor concepts
  • Location - ???????Great Poconos destination location, high barrier-to-entry

OVERVIEW

Cove Haven Resort‘s proximity to Interstate 84 and the Delaware River enables the Property to capture demand from all of the New Jersey / New York / Pennsylvania Metropolitan markets. The Property has shoreline access to Lake Wallenpaupack, Pennsylvania’s largest manmade lake. The lake is 13.5 miles long with 52 miles of shoreline. There are six recreation areas featuring hundreds of acres of forest lands, wildlife, walking trails, campsites and boat slips. Since 1985, the amount of boat slips on Lake Wallenpaupack has increased 250 percent, with demand outpacing supply. The Property offers 246 guestrooms, in six different suite designs, with varying unique in-room amenities which include dry saunas, massage tables, log burning fireplaces, private indoor heated pools, heart shaped whirlpools, and private balconies.

FOR SALE DETAILS

PRICE

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# OF ROOMS

276

CAP RATE

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SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cove Haven Resort

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1958

PARKING SPACES

209

LAND DETAILS

LAND ACRES

136 AC

LAND SF

5,924,160 SF

ZONING

C2

APN/PARCEL ID

036899

ASK ABOUT THIS PROPERTY

Vik ZaverColliersMore Info
404-877-9208

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Vik ZaverColliersMore Info
404-877-9208

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