82-Room Comfort Suites
New
For Sale
$5,600,000
1007 Marketplace Dr, Edinboro, PA 16412
All-suite lodging near Interstate 79, with recently updated guest rooms.
Property Size33,552 SF
Days on Market7
Property Features for 1007 Marketplace Dr
General Information
Standard status
Active
Size
33,552 SF
Property subtype
Hotel-Motel
Amenities
2008 Construction All Suites Hotel
1.5 Hours from Cleveland, OH and Pittsburgh, PA
Long-Term Relicense Minimal PIP 2024/2025 Renovation
$526,768 NOI 9.75 Percent Cap Rate
Building Details
Building Size
33,552 SF
Year Built
2008
Listed By:
Alex Duong · License #License(s): OH: SAL.2012000783, PA: RS322576
(216) 264-2061
Source:
Marcusmillichap
Added: Sep 30
Changed: Oct 1
Last Checked: Oct 5 at 3:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alex Duong
Investment Insights
Based on property information with market context.
Comfort Suites Edinboro is an 82-room, all-suite hotel built in 2008. Guest rooms recently received Choice’s Rise & Shine package. The property is offered fee simple, without debt or management in place, and is expected to receive a long-term relicense with a minimal PIP upon transfer. The reported cap rate is 9.75%.
The hotel is in Edinboro, Pennsylvania, near Interstate 79. It is approximately 30 minutes south of Erie and 1.5 hours from both Cleveland and Pittsburgh.
The hotel is in Edinboro, Pennsylvania, near Interstate 79. It is approximately 30 minutes south of Erie and 1.5 hours from both Cleveland and Pittsburgh.
Key Highlights
- 82 all‑suite guest rooms
- Built in 2008
- Near Interstate 79 in Edinboro, Pennsylvania
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
105
Businesses Nearby
Explore this area
Business Placement
Demographics for 16412, PA
9,292
Population
4,806
Households
1.9
Avg Household Size
40
Median Age
50%
College-Educated
97%
High-School Grad
80.7 sq mi
ZIP Area
115
Density / Sq Mi
$67,659
Median Household Income
$34,061
Median Earnings
$883
Median Rent
$221,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - All-suite lodging near Interstate 79, with recently updated guest rooms.
Where is this hotel located?
The property is located at 1007 Marketplace Dr Edinboro, PA.
What is the asking price?
The asking price for this property is $5,600,000.
What are key features of this property?
This property features: 82 all‑suite guest rooms; Built in 2008; Near Interstate 79 in Edinboro, Pennsylvania
