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    Income-Generating Hospitality Property, Newfoundland, PA Title is generated by Realmo AI

    394 Rt 447, Newfoundland, PA 18445

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    Claim this Listing
    For Sale
    $939,000

    MULTI_FAMILY - Newfoundland, PA

    Property size:
    6,700 SF
    Lot size:
    5.00 Acres
    Price / SF:
    $140/SF
    Added:
    Oct 30, 2025
    Days on Market:
    200
    Last Refresh:
    May 17 at 11:06 am

    Property Features for 394 Rt 447

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    14
    Bathrooms
    11
    Rooms
    Bedroom 11, Bedroom 9, Bathroom 2, Bathroom 9, Bathroom 10, Bathroom 4, Bedroom 10, Bedroom 7, Bedroom 12, Bedroom 6, Bathroom 5, Bathroom 1, Bathroom 11, Bedroom 13, Bedroom 1, Bedroom 8, Bathroom 8, Bathroom 7, Bathroom 6, Bedroom 5, Bathroom 3, Bedroom 4, Bedroom 3, Bedroom 14, Basement, Bedroom 2
    Parking
    12
    Standard status
    Active
    APN
    111174
    Size
    6,700 SF
    Lot size
    5.00 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Lot 1 Hse Gar 3 Ob's Tennis Court
    Tax Annual Amount
    5998

    Building Details

    Year built
    1930
    Floors in Building
    2
    Number of units
    2

    We can help!

    Listing Contact
    Walter J Lewis
    Walter J Lewis

    Listing agent Walter J Lewis License #RS288060

    Listing office Keller Williams Real Estate - Stroudsburg 404 Park Avenue, Stroudsburg, PA

    Listing date Oct 30, 2025

    MLS# PM-137307 Listing URL

    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.

    HighLights

    • Multiple income‑producing buildings offer diverse revenue streams.
    • Located in a township with no zoning but permits short‑term rentals (STR).
    • Originally a hospitality facility ('The White Cloud Inn') with commercial kitchen and large dining area.
    • Accommodates large groups (family reunions, corporate retreats).
    • Includes 'The Lodge' building, previously rented on a short‑term basis.
    • Space to accommodate owner's quarters or on‑site staff.

    Overview

    This property features three substantial income-producing buildings, presenting a range of possibilities. Originally a hospitality facility known as 'The White Cloud Inn,' it includes commercial kitchen equipment, a large dining area, a living area, and multiple bedrooms and baths. A second building, 'The Lodge,' contains multiple bedrooms and baths and has been rented on a short-term basis. The third building is an apartment building, partially occupied and currently in need of repairs to return it to full function. Situated in a township without zoning but with a short-term rental ordinance that permits STR, this property is located in Newfoundland, PA. The property spans 5 acres and includes 6,700 square feet of space. The site can accommodate large groups such as family reunions, corporate retreats, or other gatherings. With space for owner's quarters or on-site staff, this property offers many options and great potential.

    Financial Insights

    Value Estimation Calculated for Apartment 5plus

    Conservative
    $701.4K
    NOI $63,126 @ 9.00% cap · cautious / downside scenario
    Moderate
    $901.8K
    NOI $63,126 @ 7.00% cap · market / base-case scenario
    Aggressive
    $1.26M
    NOI $63,126 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    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.
         Calculated for Apartment 5plus

    Component $ $/SF
    Gross rent $124.6k $18.60
    − Vacancy −$9.8k −$1.47
    EGI $114.8k $17.13
    − OpEx −$51.6k −$7.71
    NOI $63.1k $9.42
    6,700 SF · lease $18.60/SF/yr · vacancy 7.90% · expense 45.00%

    Alternative Use Scenarios

    Best Use
    Apartment 5plus
    $901.8K
    $789.1K – $1.05M (±1% cap)
    NOI $63,126 @ 7.0% cap · market cap 6.72%
    Second Best
    Hotel Hospitality
    $606.3K
    $530.5K – $707.3K (±1% cap)
    NOI $42,439 @ 7.0% cap · market cap 4.52%
    Theoretical Best
    Office A
    $1.63M
    $1.43M – $1.91M (±1% cap)
    NOI $114,361 @ 7.0% cap · market cap 12.18%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Hotels

    Map

    City
    Newfoundland
    County
    Wayne
    State
    Pennsylvania
    Longitude
    -75.300764
    Latitude
    41.272948

    FAQs

    What type of property is this?
    Hotel - Three buildings with multiple income streams and short-term rental potential.
    Where is this hotel located?
    The property is located at 394 Rt 447 Newfoundland, PA.
    What is the asking price?
    The asking price for this property is $939,000.
    What are key features of this property?
    This property features: Multiple income‑producing buildings offer diverse revenue streams.; Located in a township with no zoning but permits short‑term rentals (STR).; Originally a hospitality facility ('The White Cloud Inn') with commercial kitchen and large dining area.
    (570) 421-2890
    We can help!
    Listing Contact
    Walter J Lewis
    Walter J Lewis
    Real Estate License ID: RS288060
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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