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220 Waterworks Rd
Somerset, PA 15501

$2,670,000 USD

Hotel For Sale  •  43,010 SF

Property Details

  • Property Type Hotel
  • Total Building Size 43,010 SF
  • Lot Size 2.17 AC
  • Building Class C
  • Year Built 1990
  • Cap Rate 12.27 %
0 Transit Score
49 Walk Score

Highlights

Prime Turnpike Gate Location with Exceptional Visibility
Recently Renovated Asset with Strong Guest Reception
Recession-Resilient Economy Lodging
Diverse and Durable Demand Drivers
Discounted Entry Pricing with Stabilization and Operational Upside
Attractive Yield Profile for Owner-Operators and Regional Investors
Cap Rate: 12.27 %

Major Tenants

Tenant SF Occupied Lease End Date
Bhupinder Singh
Red Roof Inn

Amenities

  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free

Public Transportation

AirportDriveWalkDistance
Arnold Palmer Regional 55 min - 33.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 114
Type: Surface
Included in Rent: Yes
Ritik Patel 216-367-7832 Matthews Real Estate Investment Services
Ritik Patel 216-367-7832 Matthews Real Estate Investment Services