6920 Motor Inn Dr - Hospitality FOR SALE


Huntingdon, PA 16652
$2,770,000 USD
410-729-7700
6920 Motor Inn Dr, Huntingdon, PA for Sale
$2,770,000 USD
Hospitality - FOR SALE
1/56
null | Request Cap Rate

6920 Motor Inn Dr
Huntingdon, PA 16652


HIGHLIGHTS

  • 12.72 acres of highly visible commerical land in Huntingdon, Pa.
  • Recently updated with new mini-split heating and cooling system.
  • Property sits 5 miles from Raystown Lake.

OVERVIEW

48-room motel situated on approximately 12.72 acres Located between Route 22 & Route 26 with strong visibility and traffic exposure Minutes from Raystown Lake and nearby commercial corridor including Aldi, Walmart, and the new Rutter’s Approximately 19,000+ square feet total building area Motel currently operates seasonally and produces approximately $600,000 - $700,000 gross annual income Existing restaurant/bar space currently not in operation presents significant future upside potential Large outdoor area offers opportunity for additional amenities such as pool, event space, entertainment, or expansion concepts Turnkey operation with staff currently in place Strong investment opportunity for hospitality operators, investors, or value-add buyers Seller may consider owner financing options for qualified buyers Seller would like to lease back garage area at lower portion of property for $1/year for 10 years as part of sale terms Financials and additional operational information available upon request

FOR SALE DETAILS

PRICE

$2,770,000 USD

PRICE/SF

$69 USD /SF

# OF ROOMS

48

PRICE/ROOM

$57,708 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Huntingdon Motor Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

12.72 AC

LAND SF

554,083 SF

ZONING

Commercial

APN/PARCEL ID

44-02-01,44-02-01.1,44-02-01.2

ASK ABOUT THIS PROPERTY

Jared WeaverKeller Williams Flagship of MarylandMore Info
410-729-7700

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Jared WeaverKeller Williams Flagship of MarylandMore Info
410-729-7700

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