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More details for 299 Adena Dr, Newcomerstown, OH - Hospitality for Sale

The Gateway to the Utica Shale - 299 Adena Dr

Newcomerstown, OH 43832

  • Motel
  • Hospitality for Sale
  • $1,821,889 CAD
  • 35,000 SF

Newcomerstown Hospitality for Sale

THE "SHALE GATEWAY" OPPORTUNITY - Strategy Workforce Housing & Energy Sector Basecamp Acquire a stabilized, 62-key asset at an exceptionally low basis of $21,000 per key. Pivot operations from transient tourism to "Workforce Basecamp" contracts, serving the high-demand energy and aerospace manufacturing sectors. The Super 8 Newcomerstown is more than a hospitality asset; it is a strategic logistical hub at the gateway to the Utica Shale energy boom. With EOG Resources' recent $5.6 Billion acquisition of Encino Energy, drilling activity in the neighboring Harrison and Guernsey counties is rapidly expanding. This massive influx of energy workers—from roughnecks to engineers—faces a critical shortage of suitable housing. • Irreplaceable Basis: Acquisition at land/shell value. Virtually zero downside risk at this price point. • Hybrid Inventory: Unique mix of Interior - Corridors (for Engineers/Managers) and Exterior Corridors (for Field Crews) allows for 100% workforce capture. • Strategic Location: Direct access to I-77 and US-36, the primary arteries for energy logistics fleets. • No "New Supply" Risk: High construction costs prevent any new competition from entering the market at a comparable price point. The Super 8 Newcomerstown represents a rare opportunity to acquire cash-flowing real estate at a fraction of replacement cost, perfectly timed for the 2026 Energy Boom.

Contact:

Ownerland Realty Inc

Property Subtype:

Hotel

Date on Market:

2025-06-17
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