Furnished 66-Room
For Sale
$3,500,000
981 State Route 940, White Haven, PA 18661
Commercial Sale, White Haven, PA
Property Size18,000 SF
Lot Size7.89 Acres
Price / SF$194.44
Days on Market156
Property Features for 981 State Route 940
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Subdivision
Kidder Township
Standard status
Active
APN
45-20-A14.02
Size
18,000 SF
Lot size
7.89 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
32320
Utilities
Heating system
Electric (Heating)
Cooling system
Ductless
Water source
Well
Building Details
Year built
1990
Floors in Building
2
Building materials
Frame
Listing Agency:
USA Realty
Listed By:
Michael Feite Jr · License #RS322600
(570) 517-2428
Added: May 14
Changed: Oct 8
Last Checked: Oct 16 at 4:06PM
MLS# PM-141288
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This operating motel contains 18,000 square feet on 7.89 acres and includes furnishings and equipment. The property was built in 1990 with frame construction, electric heating, ductless cooling, and a well water source. The current configuration includes 66-plus rooms, with plans described for converting 20 suites into 40 individual units and reaching 86 total units.
The motel is located at 981 State Route 940 in White Haven, Pennsylvania, near the Pennsylvania Turnpike and close to Jack Frost and Big Boulder ski areas, Jack Frost National Golf, Pocono Raceway, and Lake Harmony. The property is presented as suitable for continued motel operation or potential conversion to short-term rentals, a school, summer camp, adult retreat, or seasonal or year-round religious retreat.
The motel is located at 981 State Route 940 in White Haven, Pennsylvania, near the Pennsylvania Turnpike and close to Jack Frost and Big Boulder ski areas, Jack Frost National Golf, Pocono Raceway, and Lake Harmony. The property is presented as suitable for continued motel operation or potential conversion to short-term rentals, a school, summer camp, adult retreat, or seasonal or year-round religious retreat.
Key Highlights
- 7.89‑acre motel property with 18,000 square feet
- Current configuration includes 66‑plus rooms
- Plans described to convert 20 suites into 40 individual units, for 86 total units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$237,006
Cap Rate
6.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,740,120
$4.7M
Cap Rate 7%
$3,385,800
$3.4M
Cap Rate 9%
$2,633,400
$2.6M
Market Conditions
NOI Build-Up for 18,000 SF
Gross rent
$594.0K $33.00/SF
− Vacancy
−$95.0K −$5.28/SF
EGI
$499.0K $27.72/SF
− OpEx
−$262.0K −$14.55/SF
NOI
$237.0K $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 Rate 5%
$4,740,120
Cap Rate 7%
$3,385,800
Cap Rate 9%
$2,633,400
Alternative Uses
Best Use
Hotel Hospitality
$3.39M
$2.96M – $3.95M
NOI $237,006 @ 7.0% cap · market cap 6.77%
Second Best
Apartment 5plus
$1.92M
$1.68M – $2.25M
NOI $134,726 @ 7.0% cap · market cap 3.85%
Theoretical Best
Office A
$5.70M
$4.99M – $6.65M
NOI $399,168 @ 7.0% cap · market cap 11.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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 - Operating motel offered with furnishings and equipment.
Where is this motel located?
The property is located at 981 State Route 940 White Haven, PA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 7.89‑acre motel property with 18,000 square feet; Current configuration includes 66‑plus rooms; Plans described to convert 20 suites into 40 individual units, for 86 total units
