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Econostay Motel-Extended Stay - No Financials 6315 Paradise Valley Rd 43 Room Hotel Mount Pocono, PA 18344 $1,950,000 ($45,349/Room)

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Investment Highlights

Over 40,000 SF of Buildings
On-Site Sewer/Water

11 Buildings plus additional garages
900' Road Frontage

Executive Summary

Limited operating Inn-Motel/Resort facility on 20+ acre, consisting of 11 buildings (several motel-style buildings, 43 existing rooms, a former B&B, 3 apartments, 2 cottages, 1 single-family home, coin-op laundry & 2 garages). Deferred maintenance present and repair needed on all buidlings. On-site buildings include a former restaurant/bar, outdoor swimming pool, mix of tennis & basketball courts, picnic areas. Current zoning B-1, Neighborhood Business District zoning w/resort overlay. Supports a variety of potential alternate uses. Located within minutes to Kalahari Mt Airy Casino and other major tourist attractions, accommodations and the area's largest employers. PLEASE NOTE: Property has septic issues which will require new system(s) and updated permitting. Financials are NOT AVAILABLE.

6315 paradise valley Sale_Offering_Memorandum__L_

Property Facts

Price	$1,950,000	Lot Size	20.28 AC
Price Per Room	$45,349	Construction Status	Converted
Sale Type	Investment	Building Size	40,415 SF
Sale Conditions	Deferred Maintenance High Vacancy Property Redevelopment Project	No. Rooms	43
Property Type	Hospitality	No. Stories	2
Property Subtype	Hotel	Year Built	1910
Building Class	C	Corridor	Exterior
Zoning	B1 - Business District - Current use is Condtional Use

Price	$1,950,000
Price Per Room	$45,349
Sale Type	Investment
Sale Conditions	Deferred Maintenance High Vacancy Property Redevelopment Project
Property Type	Hospitality
Property Subtype	Hotel
Building Class	C
Lot Size	20.28 AC
Construction Status	Converted
Building Size	40,415 SF
No. Rooms	43
No. Stories	2
Year Built	1910
Corridor	Exterior
Zoning	B1 - Business District - Current use is Condtional Use