Park Inn Sharon | 3377 New Castle Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Park Inn Sharon 3377 New Castle Rd
153 Room Hotel West Middlesex, PA 16159 £1,983,875 (£12,967/Room)
INVESTMENT HIGHLIGHTS
- Growing area with upside potential and owner financing available to qualified buyer with 30% down payment
EXECUTIVE SUMMARY
This 153 Rooms 3 story interior corridor hotel with indoor swimming pool and moderate Food and Beverage. The hostel did the following revenues for the year of 2024:
Room Revenues: $ 1,028,138
Other Revenues:$ 52,261
Food and Beverage: $ 114,975
Banquet Revenues: $ 82,849
Gross Revenues: $ 1,196,450
Hotel offered at 2.4 times room revenues.
Owner operator required to operate and manage. Owner financing available to the qualified buyer with 30% down payment. Property offered at
Room Revenues: $ 1,028,138
Other Revenues:$ 52,261
Food and Beverage: $ 114,975
Banquet Revenues: $ 82,849
Gross Revenues: $ 1,196,450
Hotel offered at 2.4 times room revenues.
Owner operator required to operate and manage. Owner financing available to the qualified buyer with 30% down payment. Property offered at
DATA ROOM Click Here to Access
- Operating and Financials
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | £1,983,875 | Building Size | 121,459 SF |
| Price Per Room | £12,967 | No. Rooms | 153 |
| Sale Type | Investment | Number of Floors | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1972/2023 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | C | Parking Ratio | 1.73/1,000 SF |
| Lot Size | 9.36 AC | Corridor | Interior |
| Price | £1,983,875 |
| Price Per Room | £12,967 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 9.36 AC |
| Building Size | 121,459 SF |
| No. Rooms | 153 |
| Number of Floors | 2 |
| Year Built/Renovated | 1972/2023 |
| Tenancy | Single |
| Parking Ratio | 1.73/1,000 SF |
| Corridor | Interior |
AMENITIES
- Balcony
- Business Centre
- Fitness Centre
- Pool
- Restaurant
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wi-Fi
- Smoke-Free
- Hot Tub
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 5 | £92.85 | - |
| Guest Room | 148 | £59.52 | - |
PROPERTY TAXES
| Parcel Number | 27-184-028 | Improvements Assessment | £300,279 |
| Land Assessment | £15,474 | Total Assessment | £315,754 |
PROPERTY TAXES
Parcel Number
27-184-028
Land Assessment
£15,474
Improvements Assessment
£300,279
Total Assessment
£315,754
ZONING
| Zoning Code | C (Commercial) |
| C (Commercial) |
1 of 39
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
With Times Commercial Realty
Park Inn Sharon | 3377 New Castle Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.