Econo Lodge


Price:
  $2,300,000   
$2,100,000

Address :
110 North Main And Byers Ave
New Stanton, PA 15672


  •  2018 Choice Gold Award Winning Hotel
  •  Ideal location directly off I-70 and I-76 (Pennsylvania Turnpike)
  •  Three-story, interior corridor property priced below replacement cost
  •  Only economy franchised Choice hotel at the exit
  •  Excellent opportunity for hands on owner/operator to utilize property to its fullest potential to drive profitability
  •  Multiple outlets to increase revenue including meeting space and restaurant to lease out
    View Map    View Aerial
  •  At the junction of Interstates 70 and 76 (Pennsylvania Turnpike)
  •  Only 35 miles from Pittsburgh
  •  Situated in the Laurel Highlands of southwestern Pennsylvania, which draw 1.5 million visitors annually
  •  Approximately 2 Miles to the intermodal Logistics Park – Rail Freight Terminal and 4 industrial parks
  •  Close to Regional Demand Generators:
    •  3.7 Miles to Westmoreland County Community College
    •  7.7 Miles to University of Pittsburgh at Greensburg
    •  8.3 Miles to Westmoreland Museum of Art
    •  8.7 Miles to Excela Health Westmoreland Hospital
    •  9.8 Miles to Westmoreland Mall & Westmoreland Crossing
  •  1 Three-Story Concrete Building
  •  Interior Corridors
  •  Brick Veneer
  •  Flat Rubberized Roof
  •  Asphalt Parking Lot
  •  Complimentary Breakfast Room (Seats 46)
  •  Meeting Space
  •  Guest Laundry
  •  Business Center
  •  Wireless Internet
  •  Fitness Center
  •  Built 1972
Thank you for your interest in this Mumford Company Listing. In order to review the financial and operating performance of this property, please complete the required fields below. If you are a real estate broker, please click here and you will be directed to our co-brokerage registration form.




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Financials
2015
2016
2017
T-12Mos 10/18
Occupancy
49.55%
39.73%
51.92%
50.92%
Average Daily Rate
$72.00
$58.13
$58.60
$50.29
Room Revenue
$911,501
$591,732
$777,458
$682.620
Net Operating Income
284,030
160,321
400,528
N/A
This is a confidential offering intended for the recipient's use in determining the advisability of negotiating for purchase. Do NOT Contact the Property Directly! All Showings by Appointment Only!