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We Are Inn 1535 Port Matilda Hwy 16 Room Hotel Philipsburg, PA 16866 $1,599,000 ($99,938/Room) 17.10% Cap Rate
INVESTMENT HIGHLIGHTS
- Updated 16 Room Motel with 2 full bars and 3 dining rooms and Outside dining.
- Lot is 1.38 Acres with 84 parking spaces in a newly paved parking lot.
- Penn State Alumni Hot Spot and a tourist destination just miles from Black Moshannon State Park, Rails ToTrails, Cold Stream Dam and Happy Valley
EXECUTIVE SUMMARY
DATA ROOM Click Here to Access
- Operating and Financials
PROPERTY FACTS
| Price | $1,599,000 | Lot Size | 1.72 AC |
| Price Per Room | $99,938 | Building Size | 12,568 SF |
| Sale Type | Investment | No. Rooms | 16 |
| Cap Rate | 17.10% | No. Stories | 1 |
| Sale Condition | Business Value Included | Year Built/Renovated | 1965/2020 |
| Property Type | Hospitality | Parking Ratio | 4.38/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | C2 | ||
| Price | $1,599,000 |
| Price Per Room | $99,938 |
| Sale Type | Investment |
| Cap Rate | 17.10% |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.72 AC |
| Building Size | 12,568 SF |
| No. Rooms | 16 |
| No. Stories | 1 |
| Year Built/Renovated | 1965/2020 |
| Parking Ratio | 4.38/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | C2 |
AMENITIES
- Restaurant
- High Speed Internet Access
- On-Site Bar
- Public Access Wifi
- Smoke-Free
ABOUT 1535 PORT MATILDA HWY , PHILIPSBURG, PA 16866
The We Are Inn is Philipsburg’s go-to Penn State alumni destination, conveniently located across from Cold Stream Dam and Park. This lively hot spot offers 16 spacious motel rooms, each outfitted with a plush king-size bed, private bath, mini refrigerator, cable TV, WiFi, a desk, ottoman, and roll-out dinette table—perfect for comfort and convenience. The restaurant area features two energetic bars and three distinct dining rooms with both indoor and outdoor seating options, creating a festive atmosphere for game days or relaxing evenings. Guests enjoy access to four pristine restrooms, while staff benefit from a dedicated employee restroom. Set on a generous 1.38-acre parcel, the property boasts ample parking with 48 spaces in the front and 36 in the rear. Adding to its charm, the on-site ice cream shop serves irresistible soft-serve treats beloved by locals and visitors alike. Just minutes from Black Moshannon State Park, Happy Valley, and situated along the Rails to Trails path, the We Are Inn is the ideal getaway for sports enthusiasts, nature lovers, and travelers seeking the perfect mix of adventure, comfort, and community spirit in central Pennsylvania.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 16 | $124.00 | - |
PROPERTY TAXES
| Parcel Number | 05-026B-047-0000 | Improvements Assessment | $87,555 |
| Land Assessment | $11,900 | Total Assessment | $99,455 |
PROPERTY TAXES
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We Are Inn | 1535 Port Matilda Hwy
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