30,677 ft²Multifamily$450,000Sale
30,677 ft²
Multifamily
$450,000
Sale
Amanda Laryea
Amazing investment opportunity! Hotel in Renovo, PA, perfect for conversion to long-term stay units. Monthly rents of $400-$600 (utilities included) make it highly attractive to tenants. Key Features: Income Potential: Generate up to $350,000 annually. Profitability: Potential NOI of around $250,000. Condition: Excellent, minimal upfront costs. Competitive Edge: Utilities included in rent. Quick break-even point and significant ROI potential. Ideal for investors looking for a value-add property with steady income.
The Space
Asking Price$450,000
Available Space30,677 ft²
NegotiableYes
Floor4
Property UseHotel / Mixed use
SourceDirect
Restaurant
The Building - Yesterday's Hotel
Amazing investment opportunity! Hotel in Renovo, PA, perfect for conversion to long-term stay units. Monthly rents of $400-$600 (utilities included) make it highly attractive to tenants. Key Features: Income Potential: Generate up to $350,000 annually. Profitability: Potential NOI of around $250,000. Condition: Excellent, minimal upfront costs. Competitive Edge: Utilities included in rent. Quick break-even point and significant ROI potential. Ideal for investors looking for a value-add property with steady income.
Property TypeOther
Floors4
Building Size30,677 ft²
Lot Size0.33 AC
Year Built1910
Air Conditioning
Hardwood Floors