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Cobblestone Hotel & Suites Harborcreek 4995 Station Rd

44 Room Hotel Erie, PA 16510 $3,120,000 ($70,909/Room)

Investment Highlights

  • Entrance of Penn State Behrend
  • Sold as a package of 3 PA hotels
  • Beer & wine bar

Executive Summary

The two-story Cobblestone Hotel & Suites in Harborcreek, Pennsylvania is at the entrance of Penn State Behrend.
The hotel contains 44 guest rooms, a free hot buffet breakfast, beer & wine bar, indoor pool & hot tub, fitness center, business center and 650 SF of meeting room space.
This hotel is being offered individually or as a portfolio with another Cobblestone in PA:
https://www.hotelbrokerone.com/hotels-for-sale/Cobblestone-Inn-and-Suites-Corry-Pennsylvania
Contact Ted for tours and inquiries. Do not contact the hotel directly or visit without an appointment.

Property Facts

Price $3,120,000
Price Per Room $70,909
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.96 AC
Building Size 23,654 SF
No. Rooms 44
No. Stories 2
Year Built 2016
Corridor Interior

Amenities

  • Fitness Center
  • Pool
  • On-Site Retail
  • High Speed Internet Access
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 2 $140.00 -
Guest Room 42 $130.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
27-070-223.0-007.00
Land Assessment
$225,300
Improvements Assessment
$1,802,000
Total Assessment
$2,027,300

zoning

Zoning Code C (Commercial)
C (Commercial)
  • Listing ID: 32338361

  • Date on Market: 7/3/2024

  • Last Updated:

  • Address: 4995 Station Rd, Erie, PA 16510

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