Listings
Motel 6 Clarion
Clarion, Pennsylvania
113 Rooms (with 40 room expansion)
ASKING PRICE HOTEL $1,950,000
PER ROOM $17,257
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The property occupies ±5.4 acres in an active commercial area just off Interstate 80, which carries hundreds of thousands of vehicles daily in the region.
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The property is a 113-unit economy hotel with a manager’s apartment. The property can be expanded by an additional 40 keys(currently closed). The property also has a leased restaurant providing annual $38,400 in rental income plus additional rent for utilities.
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The property is a two story, interior corridor hotel franchised as a Motel 6 which can be terminated with liquidated damages of only $50,000.
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Clarion is within a one-day truck drive of more than 153 million consumers representing nearly half of the population of the US. Halfway between New York City and Chicago on transcontinental I- 80 (with six interchanges, plus north-south I-79 immediately to the west). Clarion is also home to PennWest Clarion.
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Absentee ownership and management. New entrepreneurial, hands-on management can capitalize on many opportunities to improve revenue and profitability.