419 Suedberg Rd | Pine Grove, PA 17963
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419 Suedberg Rd
Pine Grove, PA 17963
Baymont by Wyndham Pine Grove · Hospitality Property For Sale · 23,198 SF
Investment Highlights
- 52-room, two-story hotel with an exterior corridor on the first floor and an interior corridor on the second floor, situated just off I-81.
- Positioned to be attractive for extended-stay business with an excellent location and high visibility along I-81, a national thoroughfare.
- Full interior and exterior renovations completed this year, including new finishes, structural modifications, code compliances, and FF&E throughout.
- Operating full-time since Memorial Day/early June 2021, still currently in ramp-up phase, offering excellent value-add for a new owner.
- Baymont Inn & Suites brand competes effectively with other area brands and can position the hotel as the next best in the market after Hampton Inn.
- Opportunity to own a hotel in a stable market with the ability to increase operating efficiencies through cost management and revenue growth.
PROPERTY FACTS
Property Type | Hospitality | No. Stories | 2 |
Property Subtype | Hotel | Year Built/Renovated | 1989/2021 |
Building Class | B | Parking Ratio | 1.94/1,000 SF |
Lot Size | 1.15 AC | Corridor | Exterior |
Building Size | 23,198 SF |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | B |
Lot Size | 1.15 AC |
Building Size | 23,198 SF |
No. Stories | 2 |
Year Built/Renovated | 1989/2021 |
Parking Ratio | 1.94/1,000 SF |
Corridor | Exterior |
Amenities
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
Parcel Number | 21-09-0169.001 | Improvements Assessment | $158,010 |
Land Assessment | $259,290 | Total Assessment | $417,300 |
PROPERTY TAXES
Parcel Number
21-09-0169.001
Land Assessment
$259,290
Improvements Assessment
$158,010
Total Assessment
$417,300
zoning
Zoning Code | NZ (Not Zoned by County) |
NZ (Not Zoned by County) |
Learn More About Investing in Hospitality Properties
Listing ID: 24387442
Date on Market: 10/29/2021
Last Updated:
Address: 419 Suedberg Rd, Pine Grove, PA 17963
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