Share This Listing

Message

907 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

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

Save this listing!

Favorite this listing to get notified of price updates, new media and more

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.

PROPERTY FACTS

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

AMENITIES

  • Pool
  • High Speed Internet Access
  • Public Access Wifi

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 43 $66.00 -
  • Listing ID: 28279140

  • Date on Market: 4/20/2023

  • Last Updated:

  • Address: 6315 Paradise Valley Rd, Mount Pocono, PA 18344

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}