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Hotel For Sale • 10,968 SF
Fantastic Millcreek investment opportunity right across from the Waldameer amusement park. Owners have done most of the heavy lifting with renovating many of the rooms, updates to pool, and online integration, making this the prime time for the right operator to take this motel to the next level. Currently renting rooms as extended stay during the off season, with a loyal nightly customer base that comes in the summer months year after year. This could also be a perfect property to turn into a senior care facility, or similar communal housing operation with all rooms being on ground level. Financial data is projected on 9 months being rented as extended stay with 3 months being nightly with the loyal return customers. One member of the owning LLC is a PA licensed Realtor.
| Across from local amusement park |
| High traffic area |
| Walking distance to restaurants and convenience stores |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Erie Amtrak Station (Lake Shore Limited - Amtrak) | 9 min | - | 4.4 mi |
| Airport | Drive | Walk | Distance |
| Erie International/Tom Ridge Field | 4 min | - | 2.0 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 30 |
| Type: | Surface |
| Included in Rent: | Yes |
Brandon Penn
RE/MAX - Lakeland Realty