103 Rooms (Including 20 Extended Stay Rooms)
ASKING PRICE HOTEL $2,800,000

PER ROOM $27,184

REVENUE MULTIPLE: 2.4x

• The Motel 6 Erie occupies a prime visible and irreplaceable Exit location at Interstate 90, which carries thousands of vehicles daily in the region.​

• The hotel will be sold fee-simple. The site (±3.9 acres) has high underlying real estate value of redevelopment opportunities.​

• The property consists of five exterior corridor buildings built in 1982 with 103 guestrooms (including 20 extended stay rooms) and manager’s apartment. 

• The property has been under the same ownership since 2000, and absentee managed under a corporate structure.

• New entrepreneurial, hands-on management can capitalize on many opportunities to improve revenue and profitability.

• The greater market has a balanced presence of corporate, leisure, government, and educational demand generators. Leisure leisure demand generators located within minutes of the property include:

  • Presque Isle State Park​

  • Waldameer Park & Water World

  • Presque Isle Downs & Casino

• Established brand recognition of the Motel 6 franchise.

• The property’s location and brand affiliation provide a solid foundation for growth with new active management in place

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Please DO NOT contact the staff, management, or ownership of the Hotel. For additional information and to arrange a site tour, please contact Acadia Lodging Brokers & Advisors.