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The Gateway to the Utica Shale 299 Adena Dr 62 Room Hotel Newcomerstown, OH 43832 $1,302,000 ($21,000/Room)

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INVESTMENT HIGHLIGHTS

  • Strategic Location
  • First exit north of the drilling fields, saving crews 30 minutes of daily commute
  • Major highway (I-77) and utility infrastructure projects funded by state and federal grants.
  • Direct I-77 Access (Exit 65) - Midway between Pittsburgh & Columbus
  • Simona Boltaron, a global leader in aircraft interior thermoplastics, is headquartered just minutes away.

EXECUTIVE SUMMARY

THE "SHALE GATEWAY" OPPORTUNITY - Strategy Workforce Housing & Energy Sector Basecamp
Acquire a stabilized, 62-key asset at an exceptionally low basis of $21,000 per key. Pivot operations from transient tourism to "Workforce Basecamp" contracts, serving the high-demand energy and aerospace manufacturing sectors.
The Super 8 Newcomerstown is more than a hospitality asset; it is a strategic logistical hub at the gateway to the Utica Shale energy boom. With EOG Resources' recent $5.6 Billion acquisition of Encino Energy, drilling activity in the neighboring Harrison and Guernsey counties is rapidly expanding. This massive influx of energy workers—from roughnecks to engineers—faces a critical shortage of suitable housing.
• Irreplaceable Basis: Acquisition at land/shell value. Virtually zero downside risk at this price point.
• Hybrid Inventory: Unique mix of Interior - Corridors (for Engineers/Managers) and Exterior Corridors (for Field Crews) allows for 100% workforce capture.
• Strategic Location: Direct access to I-77 and US-36, the primary arteries for energy logistics fleets.
• No "New Supply" Risk: High construction costs prevent any new competition from entering the market at a comparable price point.
The Super 8 Newcomerstown represents a rare opportunity to acquire cash-flowing real estate at a fraction of replacement cost, perfectly timed for the 2026 Energy Boom.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $1,302,000
Price Per Room $21,000
Sale Type Investment
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 2.14 AC
Building Size 35,000 SF
No. Rooms 62
No. Stories 2
Year Built 1985
Corridor Exterior
Zoning Commercial

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 2 $94.00 -
Guest Room 60 $74.00 -
  • Listing ID: 36287608

  • Date on Market: 6/17/2025

  • Last Updated:

  • Address: 299 Adena Dr, Newcomerstown, OH 43832

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