
Click on any photo for a larger, more detailed view
Location: Eastern PA, Pocono Mountains
Number of Units: 29
Year Constructed: Varies
Corridors: Exterior
# of Stories: 1 and 2
Chain Affiliated ? : No
Cost to Transfer Franchise: N/A
AAA Rated ? : No
Asking Price: $ 2,600,000
Gross Rooms Revenue: $ 411,000
Gross F&B Revenue: N/A
Gross Other Revenue: N/A
Annual Property Taxes: $ 33,000
Annual Insurance Costs: $ 14,500
Seller/Private Financing Available ?: Yes *
Other Property Included: N/A
Other Information: This stunning resort property is located on 16 acres of scenic, beautiful wooded land in the heart of Pennsylvania's Pocono Mountains. It features (23) 2-Room Luxury Suites, and (6) Cottages with Fireplaces, Jacuzzis and Balconies. The main lodge also includes a 100-seat dining room/restaurant, a 35-seat cocktail lounge, and a reception area (all in good operation, liquor licenses etc. convey). An indoor pool, spa and sauna are enjoyed by guests year round. It is conveniently just minutes away from a brand new casino that opened in 2007 that's drawing many, many new tourists in to the area.
This is a great opportunity for someone with hotel and food/beverage experience. Via marketing the property as a destination, and packaging the rooms with the food/beverage and the other amenities, revenues can be maximized and brought back to their previous levels of years past.
* - In order to expedite a quick closing, the seller is willing to finance the purchase to qualified buyers who can put $680K down, terms negotiable.