Operating Motel Near Tourist
981 State Route 940 White Haven, PA 18661
981 State Route 940, White Haven, PA, 18661
$3,500,000
For Sale
$3,500,000
COMMERCIAL - White Haven, PA
Property Size12,000 SF
Lot Size7.89 Acres
Price / SF$291.67
Days on Market64
Property Features for 981 State Route 940
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 45-20-A14.02
- Size
- 12,000 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
(570) 517-2428
3076 Valhalla View Drive, PA
Listed by
Michael Feite Jr
(570) 517-2428
Added: May 14 Checked: Jul 16 at 6:06 pm
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.
Investment Insights
Based on property information with market context.
This operating motel is located off the Pennsylvania Turnpike on Route 940, near Jack Frost/Big Boulder ski areas, Jack Frost National Golf, Pocono Raceway, and Lake Harmony, within a tourist region attracting 25,000,000 visitors annually. Situated on a 7.89-acre lot, the 12,000-square-foot property currently features 66 rooms and has ongoing plans to convert 20 suites into 40 individual units, bringing the total to 86 units. The property is being offered fully furnished with equipment. The highest and best use of the property is as a short-term rental conversion, motel, school, summer camp, adult retreat, or year-round religious retreat. The location is ideal for a multi-purpose property. The short-term rental conversion can transform the hotel into an experience with digital lock code entry, offering potential for a short-term rental resort.
Key Highlights
- High‑traffic location off PA Turnpike (Rt 940) within the popular Pocono tourist region near Jack Frost/Big Boulder, Pocono Raceway, and Lake Harmony.
- Existing operating motel with potential for short‑term rental conversion (STR Resort) with digital lock code entry.
- Current configuration of 66+ furnished rooms with plans to convert 20 suites into 40 units, totaling 86 units.
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 | $396.0k | $33.00 |
| − Vacancy | −$63.4k | −$5.28 |
| EGI | $332.6k | $27.72 |
| − OpEx | −$174.6k | −$14.55 |
| NOI | $158.0k | $13.17 |
12,000 SF · lease $33.00/SF/yr · vacancy 16.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$2.26M
$1.98M – $2.63M
NOI $158,004 @ 7.0% cap · market cap 4.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.80M
$3.33M – $4.44M
NOI $266,112 @ 7.0% cap · market cap 7.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Motels
Similar For Sale Nearby
FAQs
What type of property is this?
Motel - Operating motel suitable for short-term rental conversion or retreat.
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: High‑traffic location off PA Turnpike (Rt 940) within the popular Pocono tourist region near Jack Frost/Big Boulder, Pocono Raceway, and Lake Harmony.; Existing operating motel with potential for short‑term rental conversion (STR Resort) with digital lock code entry.; Current configuration of 66+ furnished rooms with plans to convert 20 suites into 40 units, totaling 86 units.
