Econo Lodge


Price:
$2,400,000

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
Financials
2015
2016
2017
T-12Mos 6/18
Occupancy
49.55%
39.73%
51.92%
52.19%
Average Daily Rate
$72.00
$58.13
$58.60
57.14
Room Revenue
$ 911,501
$ 591,732
$ 777,458
761,997
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!