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22777390
22777401

475 Camelback Rd Tannersville PA 18372, Tannersville, PA 18372

AB
NY 10491212878
Coldwell Banker Commercial AMH
Listed by Coldwell Banker Commercial AMH
$35,000,000
432 days on market
Updated 41 days ago

475 Camelback Rd Tannersville PA Hotel/Land for Sale

Details
Property Type Hospitality, Land
Sub Type Commercial, Hotel (+1)
Square Footage 78,842
Keys 156
NOI $1,000,000
Brand/Tenant The Chateau Resort & Conference Center
Year Built 1983
Buildings 1
Stories 3
Lot Size (SqFt) 315,374
Investment Type Redevelopment
Ownership 100%

Hospitality | 156 Keys on Camelback Rd in Tannersville PA

Marketing description

Introducing a rare investment opportunity in the Pocono Mountains - **475 Camelback Rd, Tannersville, PA 18372**. Priced at $35 million, this commercial property boasts a 78,842 sq. ft. building on a spacious 315,374 sq. ft. lot. Featuring 156 unflagged keys, this hotel presents a prime investment in a sought-after location. Generating an impressive annual NOI of $1 million with current yearly income of $2.5 million, this property offers significant revenue potential. The interior showcases a welcoming lodge-style lobby, 156 well-appointed guest rooms, and multiple dining facilities. In addition, the amenities include indoor and outdoor pools, a fitness center, and expansive event spaces. Strategically located in a tourist hotspot, this property allows for diverse revenue streams and development opportunities with neighboring comps valued at $31-33 million. Don't miss out on this chance to acquire a premium commercial asset in a prime Pocono Mountains location.

Listing Contacts

AB
NY 10491212878
Coldwell Banker Commercial AMH
Listed by Coldwell Banker Commercial AMH

Valuation Calculator

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$1,000,000.00
$83,333.33/mo

Valuation Metrics

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DSCR
2.86%
Cap Rate
2.86%
ROI

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