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Red Roof Inn Somerset, PA 220 Waterworks Rd 94 Room Hotel Somerset, PA 15501 $3,620,787 CAD ($38,519 CAD/Room) 12.27% Cap Rate
Investment Highlights
- Prime Turnpike Gate Location with Exceptional Visibility
- Recession-Resilient Economy Lodging
- Discounted Entry Pricing with Stabilization and Operational Upside
- Recently Renovated Asset with Strong Guest Reception
- Diverse and Durable Demand Drivers
- Attractive Yield Profile for Owner-Operators and Regional Investors
Executive Summary
Broker of Record
Kyle Matthews
License # RB068831 (PA)
Matthews Real Estate Investment Services, LLC
1600 West End Ave., Ste. 1500 Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # RB068831 (PA)
Matthews Real Estate Investment Services, LLC
1600 West End Ave., Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
| Price | $3,620,787 CAD | Lot Size | 2.17 AC |
| Price Per Room | $38,519 CAD | Building Size | 43,010 SF |
| Sale Type | Investment | No. Rooms | 94 |
| Cap Rate | 12.27% | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1990/2024 |
| Property Subtype | Hotel | Parking Ratio | 2.65/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Price | $3,620,787 CAD |
| Price Per Room | $38,519 CAD |
| Sale Type | Investment |
| Cap Rate | 12.27% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.17 AC |
| Building Size | 43,010 SF |
| No. Rooms | 94 |
| No. Stories | 2 |
| Year Built/Renovated | 1990/2024 |
| Parking Ratio | 2.65/1,000 SF |
| Corridor | Exterior |
Amenities
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 94 | $108.49 CAD | - |
1 1
Property Taxes
| Parcel Number | 410049580 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $565,507 CAD |
Property Taxes
Parcel Number
410049580
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$565,507 CAD
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Red Roof Inn Somerset, PA | 220 Waterworks Rd
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