Hotel Manor | 392 Slate Run Rd
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Hotel Manor 392 Slate Run Rd
10 Room Hotel Slate Run, PA 17769 $1,750,000 ($175,000/Room)
Investment Highlights
- Only property with access to Pine Creek which is stocked with Trophy Trout and world renowned for fly fishing
- Opportunity to add various income streams like Weddings, Boat & Canoe rentals, Bike Rentals
- Can add a mini mart
- Next to the Pine Creek Rail Trail, rated by USA Magazine as one of the best in the world
- Has fiberoptic network making it a great location for longer stays for those working from home
- Has 2 state of the art kitchens for restaurants
Executive Summary
Presenting an extraordinary opportunity to own a boutique hotel in a prime location celebrated for its rich outdoor activities. This exclusive property offers unparalleled access to the renowned Slate Run Stream, recognized as one of the top fly fishing destinations on the East Coast. There is also exclusive access and right of way through the parking lot in the back for access to Slate run stream. Additionally, its proximity to one of the best biking trails in the country, as highlighted by a leading publication, further enhances its appeal.
The hotel boasts strong financial performance, evidenced by an average daily rate (ADR) of $36.39, which surpasses the Central PA average of $31.00. With a valuable bar license in place, this property is well-positioned for continued success under new ownership.
Spanning 1.86 acres, the property features 10 well-appointed bedrooms and 12 bathrooms. The hotel also offers a spacious dining room with breathtaking panoramic views, creating a memorable experience for guests. A large parking lot on the side and back of the property provides ample space for guests, with convenient access to the stream.
Opportunities for expansion and additional revenue are abundant. The unfinished basement, extending the entire length of the building and measuring approximately 3,974 square feet, offers potential for creating additional recreational spaces, such as a gaming zone,escape room or any type of revenue generating place. The property is also ideal for hosting weddings, with a high volume of inquiries already being received. Furthermore, the introduction of ancillary services, such as bike, canoe, and boat rentals, or even an ATM and mini-mart, could open new revenue streams. The property also features a full basement and one room with accessibility features, including a ramp, catering to guests with special needs.
Built in 2004, the hotel is constructed with a combination of block, vinyl siding, and some stone accents, all under an asphalt-shingled roof. The building is equipped with modern conveniences, including forced air heating, a propane system, and an outdoor wood furnace.
This hotel represents a unique investment opportunity in a location that draws visitors from around the world, whether for the exceptional fly fishing or the beautiful biking trails. Don’t miss out on the chance to own this exceptional property and expand its already successful operations.
The hotel boasts strong financial performance, evidenced by an average daily rate (ADR) of $36.39, which surpasses the Central PA average of $31.00. With a valuable bar license in place, this property is well-positioned for continued success under new ownership.
Spanning 1.86 acres, the property features 10 well-appointed bedrooms and 12 bathrooms. The hotel also offers a spacious dining room with breathtaking panoramic views, creating a memorable experience for guests. A large parking lot on the side and back of the property provides ample space for guests, with convenient access to the stream.
Opportunities for expansion and additional revenue are abundant. The unfinished basement, extending the entire length of the building and measuring approximately 3,974 square feet, offers potential for creating additional recreational spaces, such as a gaming zone,escape room or any type of revenue generating place. The property is also ideal for hosting weddings, with a high volume of inquiries already being received. Furthermore, the introduction of ancillary services, such as bike, canoe, and boat rentals, or even an ATM and mini-mart, could open new revenue streams. The property also features a full basement and one room with accessibility features, including a ramp, catering to guests with special needs.
Built in 2004, the hotel is constructed with a combination of block, vinyl siding, and some stone accents, all under an asphalt-shingled roof. The building is equipped with modern conveniences, including forced air heating, a propane system, and an outdoor wood furnace.
This hotel represents a unique investment opportunity in a location that draws visitors from around the world, whether for the exceptional fly fishing or the beautiful biking trails. Don’t miss out on the chance to own this exceptional property and expand its already successful operations.
Property Facts
Amenities
- Restaurant
- Wheelchair Accessible
- On-Site Bar
- Boutique/Lifestyle Hotel
- Bed & Breakfast
- Fiber Optic Internet
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 10 | $105.00 | - |
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PROPERTY TAXES
| Parcel Number | 05-001.0-0312.00-000 | Improvements Assessment | $468,870 |
| Land Assessment | $50,830 | Total Assessment | $519,700 |
PROPERTY TAXES
Parcel Number
05-001.0-0312.00-000
Land Assessment
$50,830
Improvements Assessment
$468,870
Total Assessment
$519,700
zoning
| Zoning Code | Commercial (Commercial) |
| Commercial (Commercial) |
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Hotel Manor | 392 Slate Run Rd
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