138 Marsh Rd | Somerset, PA 15501
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- LoopNet Team
138 Marsh Rd
Somerset, PA 15501
Wingate by Wyndham Somerset · Hospitality Property For Sale
·
23,156 SF
INVESTMENT HIGHLIGHTS
- Fee Simple Interest in the 57-Room, Two/Three-Story, Interior- Corridor Wingate by Wyndham in Somerset, PA
- Pro-Forma Stabilized Revenue of $1,000,000+ with a Stabilized NOI of $350,000+ Based on STR Competitive Set
- SBA(7A) OR USDA Pro-Forma Projection-Based Financing Candidate
- 18% RevPAR Penetration Index | Absentee Ownership Profile Presents Significant Upside Potential
- Competitive Set RevPAR of $56.03 in 2023 July T12 and Upward Trending Competitive Set Metrics
- Centrally Located on I-70/ I-76 between Pittsburgh, PA and Harrisburg, PA
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1997/2019 |
| Building Class | B | Parking Ratio | 2.55/1,000 SF |
| Lot Size | 1.45 AC | Corridor | Interior |
| Building Size | 23,156 SF | ||
| Zoning | C | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.45 AC |
| Building Size | 23,156 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1997/2019 |
| Parking Ratio | 2.55/1,000 SF |
| Corridor | Interior |
| Zoning | C |
AMENITIES
- Business Center
- Fitness Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 410047930 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $363,130 |
PROPERTY TAXES
Parcel Number
410047930
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$363,130
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