12-Unit Motel with
For Sale
$1,000,000
995 State Route 940, White Haven, PA 18661
Commercial Sale, White Haven, PA
Property Size3,000 SF
Lot Size3.31 Acres
Price / SF$333.33
Days on Market113
Property Features for 995 State Route 940
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Subdivision
Kidder Township
Standard status
Active
APN
45-20-A2.01
Size
3,000 SF
Lot size
3.31 Acres
Taxes and HOA fees
Tax Annual Amount
5026
Utilities
Heating system
Electric (Heating)
Water source
Well
Building Details
Year built
1976
Floors in Building
1
Roof type
Asphalt
Listing Agency:
USA Realty
Listed By:
Michael Feite Jr · License #RS322600
(570) 517-2428
Added: May 14
Changed: Sep 2
Last Checked: Sep 3 at 2:06AM
MLS# PM-141294
Copyright © 2026 Pocono Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This motel property includes 12 total units, including 9 units currently used for long-term rental with month-to-month leases. A separate restaurant on the site is vacant, adding an additional commercial component to the property. The improvements total 3,000 square feet on a 3.31-acre parcel, with electric heating, an asphalt roof, and well water. Built in 1976, the property is configured for continued motel and restaurant use.
The property fronts State Route 940 in White Haven, PA, just off the Pennsylvania Turnpike. The surrounding Pocono tourism area includes Jack Frost and Big Boulder ski areas, Jack Frost National Golf Club, Pocono Raceway, and Lake Harmony. The site is in Carbon County and carries postal code 18661.
The property fronts State Route 940 in White Haven, PA, just off the Pennsylvania Turnpike. The surrounding Pocono tourism area includes Jack Frost and Big Boulder ski areas, Jack Frost National Golf Club, Pocono Raceway, and Lake Harmony. The site is in Carbon County and carries postal code 18661.
Key Highlights
- 12 total units, including 9 units used for long‑term rental
- Separate vacant restaurant located on the property
- 3,000‑square‑foot property on 3.31 acres
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$39,501
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$790,020
$790.0K
Cap Rate 7%
$564,300
$564.3K
Cap Rate 9%
$438,900
$438.9K
Market Conditions
NOI Build-Up for 3,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$99.0K $33.00/SF
− Vacancy
−$15.8K −$5.28/SF
EGI
$83.2K $27.72/SF
− OpEx
−$43.7K −$14.55/SF
NOI
$39.5K $13.17/SF
Area
Luzerne County, PA
Vacancy
16.00%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$790,020
Cap Rate 7%
$564,300
Cap Rate 9%
$438,900
Alternative Uses
Best Use
Hotel Hospitality
$564.3K
$493.8K – $658.4K
NOI $39,501 @ 7.0% cap · market cap 3.95%
Second Best
Specialty Retail
$461.9K
$404.2K – $538.9K
NOI $32,333 @ 7.0% cap · market cap 3.23%
Theoretical Best
Office A
$950.4K
$831.6K – $1.11M
NOI $66,528 @ 7.0% cap · market cap 6.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Explore this area
Business Placement
Demographics for 18661, PA
5,611
Population
3,644
Households
1.5
Avg Household Size
52
Median Age
21%
College-Educated
96%
High-School Grad
121.2 sq mi
ZIP Area
46
Density / Sq Mi
$68,795
Median Household Income
$42,500
Median Earnings
$1,231
Median Rent
$182,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Country Place Inn and Suites — 942 PA-940, White Haven, PA 18661
- Econo Lodge Inn & Suites Lake Harmony - Pocono Mountains Area — 981 PA-940, White Haven, PA 18661
Frequently Asked Questions
What type of property is this?
Motel - Nine units are offered for long-term rental, with a separate vacant restaurant on the property.
Where is this motel located?
The property is located at 995 State Route 940 White Haven, PA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 12 total units, including 9 units used for long‑term rental; Separate vacant restaurant located on the property; 3,000‑square‑foot property on 3.31 acres
