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Ramada by Wyndham Ligonier 216 W Loyalhanna St 72 Room Hotel Ligonier Township, PA 15658 $4,150,168 CAD ($57,641 CAD/Room)
INVESTMENT HIGHLIGHTS
- Business Center
- On Site Bar
- Fitness Center
EXECUTIVE SUMMARY
Introducing a prime opportunity for hospitality and economy investors, this impressive property boasts a 41,792 square foot building with 72 units, offering substantial potential for a range of enterprises. Built in 1966 and thoughtfully renovated in 2019, the property is equipped to meet contemporary standards and demands. Zoned C1, it presents a flexible and advantageous framework for business endeavors. With a 28-30% occupancy rate, there is abundant potential to increase capacity and capitalize on this thriving market. The property's strategic location in the Ligonier area further enhances its appeal, positioning it as a highly desirable investment prospect in the bustling commercial landscape. The property also has a 120 person Banquet Space, 35 person conference meeting room, full Restaurant/Bar and working commercial Kitchen with all equipment in working condition and all wares(glasses/plates/utensils) etc.
DATA ROOM Click Here to Access
- Operating and Financials
PROPERTY FACTS
| Price | $4,150,168 CAD | Building Size | 41,792 SF |
| Price Per Room | $57,641 CAD | No. Rooms | 72 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1966/2021 |
| Property Subtype | Hotel | Parking Ratio | 1.39/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 1.00 AC | ||
| Zoning | C1 - Commercial - 1 | ||
| Price | $4,150,168 CAD |
| Price Per Room | $57,641 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.00 AC |
| Building Size | 41,792 SF |
| No. Rooms | 72 |
| No. Stories | 3 |
| Year Built/Renovated | 1966/2021 |
| Parking Ratio | 1.39/1,000 SF |
| Corridor | Interior |
| Zoning | C1 - Commercial - 1 |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- Room Service
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 3 | $236.56 CAD | - |
| Guest Room | 69 | $188.14 CAD | - |
Walk Score®
Very Walkable (72)
PROPERTY TAXES
| Parcel Number | 16-01-15-0-086 | Improvements Assessment | $430,633 CAD |
| Land Assessment | $61,763 CAD | Total Assessment | $492,396 CAD |
PROPERTY TAXES
Parcel Number
16-01-15-0-086
Land Assessment
$61,763 CAD
Improvements Assessment
$430,633 CAD
Total Assessment
$492,396 CAD
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Ramada by Wyndham Ligonier | 216 W Loyalhanna St
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