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OYO Hotel Wilkes-Barre East 1 Pittston Blvd 16 Room Hotel Bear Creek Township, PA 18702 $538,301 CAD ($33,644 CAD/Room) 4.87% Cap Rate
Investment Highlights
- Location
- Value-add
Executive Summary
Investors and developers-this motel is ready for transformation. The property offers multiple units, ample parking and strong visibility, making it ideal for repositioning or redevelopment. With the right vision, this asset has the potential to generate significant returns. Prime location on Route 115. Close to the Interstate & the PA Turnpike.
Property Facts
| Price | $538,301 CAD | Building Class | C |
| Price Per Room | $33,644 CAD | Lot Size | 1.68 AC |
| Sale Type | Investment | Building Size | 7,200 SF |
| Cap Rate | 4.87% | No. Rooms | 16 |
| Sale Condition | Business Value Included | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1965 |
| Property Subtype | Hotel | Corridor | Exterior |
| Zoning | B-2 - General Commercial | ||
| Price | $538,301 CAD |
| Price Per Room | $33,644 CAD |
| Sale Type | Investment |
| Cap Rate | 4.87% |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.68 AC |
| Building Size | 7,200 SF |
| No. Rooms | 16 |
| No. Stories | 1 |
| Year Built | 1965 |
| Corridor | Exterior |
| Zoning | B-2 - General Commercial |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $88.34 CAD | - |
| Guest Room | 14 | $62.11 CAD | - |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 04-I11S2-003-001 | Improvements Assessment | $440,954 CAD |
| Land Assessment | $41,339 CAD | Total Assessment | $482,293 CAD |
Property Taxes
Parcel Number
04-I11S2-003-001
Land Assessment
$41,339 CAD
Improvements Assessment
$440,954 CAD
Total Assessment
$482,293 CAD
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OYO Hotel Wilkes-Barre East | 1 Pittston Blvd
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