Country Inn & Suites Lewisburg — Sale in Lewisburg, PA
- Price: Contact for price
- Listing type: For sale
- Asset type: Hospitality Business
- Location: Lewisburg, PA 17837
- Year built: 2004
Photos
Investment Figures
- Cap rate
- 7.00%
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 pleased to present the exclusive opportunity to acquire the Country Inn & Suites Lewisburg, PA. The hotel is Priced to sell at $7,950,000, or 3.4 times room revenues with minimal PIP Upon transfer. Constructed in 2004 as a purpose-built Country Inn & Suites, the hotel represents a rare opportunity to acquire a well-maintained asset that has remained under the stewardship of its original developer since opening. The three-story, 81-room Property will be delivered fee simple and unencumbered by debt or management and will receive a long-term relicense from Choice Hotels after completion of PIP estimated to be under $200,000. The hotel consistently generates over $2.3 million in room revenues from its excellent location and proximity to a diverse mix of university, healthcare, corporate, and leisure demand. The Country Inn & Suites Lewisburg represents an excellent platform for a new hands-on investor to optimize the hotel’s healthy RevPAR of $79 to achieve a net operating income of $818,906 or 11 percent Cap rate in 2027. Investment Highlights: • 2004 Construction Original Developer • Priced to Sell at 3.4 Times RRM Minimal PIP Upon Transfer • $79 RevPAR $2.35M Room Revenues • One Hour from State College and Harrisburg, PA
Market Context
This hospitality in Lewisburg, PA is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing hospitality assets. The building dates to 2004. Compare it against other hospitality listings for sale in Lewisburg, PA — view the full market.
Contact
- Alex Duong · (216) 264-2061 · alexandre.duong@marcusmillichap.com
- Timothy B. Stephenson Jr · (215) 531-7000
- Hayden Pentecost · (216) 328-7668 · hayden.pentecost@marcusmillichap.com
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