Super 8 Grove City 2001 Leesburg Grove City Rd 57 Room Hotel Mercer, PA 16137 $2,600,000 ($45,614/Room)
INVESTMENT HIGHLIGHTS
- 1-bedroom manager's apartment with a living room, kitchen, bathroom, and an adjoining room.
- $300K invested in capital improvements and franchise compliance requirements, including new mattresses, exterior painting, etc
- Conveniently situated off Interstate 79 and near the Grove City Premium Outlets, which feature over 140 name-brand stores.
EXECUTIVE SUMMARY
The Super 8 by Wyndham located in Mercer, Pennsylvania, is a two-story, 57 room hotel that was built in 1998 and underwent a renovation in 2023. Situated on 1.97 acres near Interstate 79, this well-positioned property provides easy access to local attractions and amenities. Noteworthy nearby demand generators include the Grove City Premium Outlets, Keystone Safari, and Grove City College. This property features many amenities including an Indoor Pool, Business Center, and Fitness Center, offering a modern, comfortable experience for travelers and ensuring a competitive edge in the market.
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- P&L
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PROPERTY FACTS
| Price | $2,600,000 |
| Price Per Room | $45,614 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.97 AC |
| Building Size | 26,305 SF |
| No. Rooms | 57 |
| No. Stories | 2 |
| Year Built/Renovated | 1998/2023 |
| Parking Ratio | 2.05/1,000 SF |
| Corridor | Interior |
AMENITIES
- Business Center
- Fitness Center
- Pool
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 57 | $74.00 | - |
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PROPERTY TAXES
| Parcel Number | 29-217-037 | Improvements Assessment | $277,400 |
| Land Assessment | $30,750 | Total Assessment | $308,150 |
CONTACTS
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Jasnayak Sohi -
Jasdeep Sohi -
Dhaval Taylor -
The Sohi Group
