Comfort Suites Edinboro — Sale in Edinboro, PA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Hospitality Business
  • Location: Edinboro, PA 16412
  • Year built: 2008

Photos

Comfort Suites Edinboro — Sale in Edinboro, PA, photo 1 of 2
Comfort Suites Edinboro — Sale in Edinboro, PA, photo 2 of 2

Investment Figures

Cap rate
9.75%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is proud to present the exclusive opportunity to acquire the 82 room Comfort Suites Edinboro located in Edinboro, Pennsylvania. The Hotel is being offered at $5,600,000 or 9.75 percent Cap rate and delivered Fee Simple, unencumbered of debt or management. The all-suites hotel, constructed in 2008 is located off Interstate 79 just 30 minutes south of Erie, PA and 1.5 hours from Cleveland, OH and Pittsburgh, PA. The Comfort Suites Edinboro recently completed the latest “Rise & Shine" Package by Choice in all guest rooms and will receive a long-term relicense and minimal PIP upon transfer. The Comfort Suites Edinboro represents an attractive investment with a net operating income of $546,728 and at a significant discount to replacement at $68,292 per key. Investment Highlights: • 2008 Construction All Suites Hotel • 1.5 Hours from Cleveland, OH and Pittsburgh, PA • Long-Term Relicense Minimal PIP 2024/2025 Renovation • $526,768 NOI 9.75 Percent Cap Rate

Market Context

This hospitality in Edinboro, PA is listed for sale. It is offered at an approximate 9.8% capitalization rate, a key benchmark for income-producing hospitality assets. The building dates to 2008. Compare it against other hospitality listings for sale in Edinboro, PA — view the full market.

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