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We Are Inn 1535 Port Matilda Hwy 16 Room Hotel Philipsburg, PA 16866 $1,350,000 ($84,375/Room) 20.25% Cap Rate
Investment Highlights
- Philipsburg’s We Are Inn presents an updated 16-key motel with two full bars, three dining rooms, and a scenic outdoor dining area.
- Business-value-included investment opportunity to acquire a stabilized, independent motel with multiple streams of income in place.
- Highly visible and easily accessible with direct frontage along Port Matilda Highway, visible to more than 11,850 daily passing vehicles.
- Sitting on a 1.38-acre lot improved with a newly paved parking lot offering 84 surface parking spaces for staff and guests (4.38/1,000 SF ratio).
- Penn State alumni hot spot and a tourist destination just miles from Black Moshannon State Park, Rails to Trails, Cold Stream Dam, and Happy Valley.
Executive Summary
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, Wi-Fi, 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 indoor and outdoor seating, creating a festive atmosphere for game days or relaxing evenings. Guests have access to four pristine restrooms, while staff have 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 and 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.
The Pennsylvania State University campus is less than 25 miles east of the motel, contributing to seasonal tourism and hospitality demand in the area. The university enrolls approximately 28,000 students annually and continues to see enrollment growth.
Inquire today to learn more about this cash-flowing investment opportunity.
This lively hot spot offers 16 spacious motel rooms, each outfitted with a plush king-size bed, private bath, mini refrigerator, cable TV, Wi-Fi, 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 indoor and outdoor seating, creating a festive atmosphere for game days or relaxing evenings. Guests have access to four pristine restrooms, while staff have 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 and 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.
The Pennsylvania State University campus is less than 25 miles east of the motel, contributing to seasonal tourism and hospitality demand in the area. The university enrolls approximately 28,000 students annually and continues to see enrollment growth.
Inquire today to learn more about this cash-flowing investment opportunity.
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- Operating and Financials
Property Facts
Amenities
- Restaurant
- High Speed Internet Access
- On-Site Bar
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 16 | $124.00 | - |
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 05-026B-047-0000 | Improvements Assessment | $87,555 |
| Land Assessment | $11,900 | Total Assessment | $99,455 |
Property Taxes
Parcel Number
05-026B-047-0000
Land Assessment
$11,900
Improvements Assessment
$87,555
Total Assessment
$99,455
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We Are Inn | 1535 Port Matilda Hwy