Motel Near St Peters
3401 Saint Peters Rd #11 Elverson, PA 19520
3401 Saint Peters Rd #11, Elverson, PA, 19520
$531,000
For Sale
$531,000
For sale motel with limited parallel parking and additional parking available in a designated lot nearby.
Property Size1,700 SF
Price / SF$312.35
Days on Market38
Property Features for 3401 Saint Peters Rd #11
General Information
- Standard status
- Active
- Size
- 1,700 SF
Building Details
- Year Built
- 1915
Listing agency
(610) 312-3779
Listed by
Alexa K Holmes
(610) 312-3779
Source
Evrealestate
Added: Jun 14 Updated: Jul 21 at 5:27AM Checked: Jul 21 at 5:27AM
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 Alexa K Holmes
Investment Insights
Based on property information with market context.
This for-sale motel property is located at 3401 Saint Peters Rd #11 in Elverson, Pennsylvania, in Chester County. The site provides a few parallel parking spots outside the property for short-term parking convenience. For other vehicles, directions indicate using the parking lot designated for hiking trails across from the post office.
Access is described from Route 23: traveling west of Route 23, turn right onto St Peters Rd, remain on St Peters Rd, and the property is about 0.5 miles down the road.
The property is presented for sale under the Hospitality properties and Motels categories, providing an ownership opportunity in a hospitality-focused commercial asset.
Access is described from Route 23: traveling west of Route 23, turn right onto St Peters Rd, remain on St Peters Rd, and the property is about 0.5 miles down the road.
The property is presented for sale under the Hospitality properties and Motels categories, providing an ownership opportunity in a hospitality-focused commercial asset.
Key Highlights
- For sale motel built in 1915 (Chester County)
- Window unit cooling
- Heating includes hot water and oil
Local Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.8k | $28.68 |
| − Vacancy | −$7.1k | −$4.16 |
| EGI | $41.7k | $24.52 |
| − OpEx | −$21.9k | −$12.87 |
| NOI | $19.8k | $11.65 |
1,700 SF · lease $28.68/SF/yr · vacancy 14.50% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$282.9K
$247.5K – $330.0K
NOI $19,801 @ 7.0% cap · market cap 3.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$515.4K
$451.0K – $601.3K
NOI $36,080 @ 7.0% cap · market cap 6.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Motels
Similar For Sale Nearby
Similar Off Market Nearby
- The Village Retreat House — 3411 St Peters Rd, St Peters, PA 19470
- Creekside Collective — 3451 St Peters Rd, St Peters, PA 19470
FAQs
What type of property is this?
Motel - For sale motel with limited parallel parking and additional parking available in a designated lot nearby.
Where is this motel located?
The property is located at 3401 Saint Peters Rd #11 Elverson, PA.
What is the asking price?
The asking price for this property is $531,000.
What are key features of this property?
This property features: For sale motel built in 1915 (Chester County); Window unit cooling; Heating includes hot water and oil
