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Hatfield Motel 792 Bethlehem Pike 17 Room Hotel Colmar, PA 18915 $1,699,000 ($99,941/Room) 9.53% Cap Rate
Executive Summary
Hatfield Motel presents 16 guest rooms including a remodeled 3 bedroom 1.5 owner suite. Do not miss this opportunity to own a hospitality property with development potential. Motel can be converted to nursing home, adult day care, or a medical facility. Housing is in demand in the area and guests stay are short term. Newer exterior paint, updated storage, and separate entry door to Owner’s suite for privacy. Updated Gazebo and pad. Newer trash dumpster enclosure and pad. Most of parking lot asphalt has been replaced. High traffic count. Close to shopping, eateries and on route 309! Nighly Stay $85 to $105 Weekly rates $475 to $525
Property Facts
| Price | $1,699,000 | Lot Size | 1.72 AC |
| Price Per Room | $99,941 | Building Size | 7,692 SF |
| Sale Type | Investment | No. Rooms | 17 |
| Cap Rate | 9.53% | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1986 |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | ||
| Zoning | RA1 - Hotel/Motel | ||
| Price | $1,699,000 |
| Price Per Room | $99,941 |
| Sale Type | Investment |
| Cap Rate | 9.53% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.72 AC |
| Building Size | 7,692 SF |
| No. Rooms | 17 |
| No. Stories | 2 |
| Year Built | 1986 |
| Corridor | Exterior |
| Zoning | RA1 - Hotel/Motel |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 17 | $63.00 | - |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 35-00-00544-105 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $493,500 |
Property Taxes
Parcel Number
35-00-00544-105
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$493,500
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Hatfield Motel | 792 Bethlehem Pike