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Yoder’s Guest House 106 Meyers Ave 12 Room Bed and Breakfast Meyersdale, PA 15552 $957,427 CAD ($79,786 CAD/Room) 7.99% Cap Rate
Investment Highlights
- The Commercial grade kitchen, ADA compliant, 12 rooms. Garage supports all the bikes for GAP bikers.
Executive Summary
Welcome to Yoder's Guest House, the perfect opportunity to acquire a well-established turn-key hospitality asset in the heart of Pennsylvania's Laurel Highlands, just steps from the high-traffic, Great Allegheny Passage (GAP) bike trail. This property was recently featured by National Geographics for its rail-accessible cycling appeal. The property draws a consistent base of outdoor tourists, cyclists, and heritage travelers, making it a stable income generator in a region with strong demand for lodging but limited supply! This gorgeous and recently fully renovated property has historic charm and modern comfort to give guests more than a place to stay but a place to refuel, connect, and explore. Built in 1901, the Yoder house offers 12 fully furnished guest rooms and 11 bathrooms. Recently, there was an addition of a high-end commercial kitchen. Bonus cafe equipped to sell goods to walk-in traffic and local visitors. 1 fully-equipped handicap-accessible room provides compliance with accessibility expectations and broadens the potential guest base. Detached garage with guest bike storage. Your investment journey awaits!
Property Facts
| Price | $957,427 CAD | Lot Size | 0.41 AC |
| Price Per Room | $79,786 CAD | Building Size | 9,568 SF |
| Sale Type | Investment | No. Rooms | 12 |
| Cap Rate | 7.99% | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1901/2014 |
| Property Subtype | Bed and Breakfast | Parking Ratio | 0.67/1,000 SF |
| Building Class | B | Corridor | Interior |
| Zoning | R2 | ||
| Price | $957,427 CAD |
| Price Per Room | $79,786 CAD |
| Sale Type | Investment |
| Cap Rate | 7.99% |
| Property Type | Hospitality |
| Property Subtype | Bed and Breakfast |
| Building Class | B |
| Lot Size | 0.41 AC |
| Building Size | 9,568 SF |
| No. Rooms | 12 |
| No. Stories | 3 |
| Year Built/Renovated | 1901/2014 |
| Parking Ratio | 0.67/1,000 SF |
| Corridor | Interior |
| Zoning | R2 |
Amenities
- High Speed Internet Access
- Patio
- Bed & Breakfast
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 12 | $198.61 CAD | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 260009950 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $93,387 CAD |
Property Taxes
Parcel Number
260009950
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$93,387 CAD
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Yoder’s Guest House | 106 Meyers Ave
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