8050 Old Oliver Rd | Erie, PA 16509
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8050 Old Oliver Rd
Erie, PA 16509
Hampton Inn Erie-South · Hospitality Property For Sale
·
54,668 SF
INVESTMENT HIGHLIGHTS
- Full renovation in 2019/2018
- Exceptional RevPAR performance
- No new supply
- In-place cash flow with upside
- Unencumbered by management, fee-simple, non-union
- Offered well below replacement cost
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built/Renovated | 1998/2007 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.51 AC | Parking Ratio | 5.48/1,000 SF |
| Building Size | 54,668 SF | Corridor | Interior |
| Zoning | B1 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.51 AC |
| Building Size | 54,668 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1998/2007 |
| Tenancy | Single |
| Parking Ratio | 5.48/1,000 SF |
| Corridor | Interior |
| Zoning | B1 |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Room Service
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Digital key
PROPERTY TAXES
| Parcel Number | 40-017-073.0-002.10 | Improvements Assessment | $4,913,030 |
| Land Assessment | $961,500 | Total Assessment | $5,874,530 |
PROPERTY TAXES
Parcel Number
40-017-073.0-002.10
Land Assessment
$961,500
Improvements Assessment
$4,913,030
Total Assessment
$5,874,530
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