Crescent Lodge 5854 Paradise Valley Rd 32 Room Hotel Cresco, PA 18326 $1,950,000 ($60,938/Room)
INVESTMENT HIGHLIGHTS
- Eligible for " H " Hotel Liquor License
EXECUTIVE SUMMARY
Exceptional Investment Opportunity - Seize this rare chance to own the Crescent Lodge, a beloved Pocono destination for 50+ years. Set on 16 pristine level acres in Paradise Valley, this property features 18 private cottages, 12 lodge rooms, spacious dining room, conference rooms, a charming bar area, large outdoor pool and tennis court. Known for its former renowned restaurant and hospitality, it is also eligible for a hotel ''H'' liquor license, adding significant revenue potential. Not currently operating but endless visionary renovation and expansion possibilities for a boutique resort, event venue, wellness retreat, vacation rentals, housing and a multitude of other uses. NOTE: File photos and renderings may not reflect current conditions.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
AMENITIES
- Fitness Center
- Restaurant
- Shuttle Service
- Spa
- Meeting Event Space
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 20 | $282.00 | - |
| Guest Room | 12 | $152.00 | - |
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PROPERTY TAXES
| Parcel Number | 11.3.1.20 | Improvements Assessment | $808,360 |
| Land Assessment | $333,550 | Total Assessment | $1,141,910 |
CONTACT
-
Donald Hannig -
SER Commercial Real Estate
