279 Greenview Dr Saylorsburg, PA 18353

Property Details for 279 Greenview Dr

Year built

1871

Lot size

46.25 lot acres

Property size

11,900 SF

Property type

Hospitality properties

Property subtype

Hotels

Description

Exceptional investment opportunity: A meticulously restored 1871 church, converted into a unique hospitality venue, and eight newly constructed cottages comprise this 46.25-acre Pocono Mountains resort. The property boasts 11,900 square feet of space, offering private rooms, workspaces, communal kitchens, living and game rooms, and sun decks within the historic church. Each of the eight cottages features a fully furnished one-bedroom suite. Nestled on over 46 acres of secluded woodlands, the resort includes a protected trout stream, walking trails, meditation areas, and several ponds/a lake. All septic systems are new and recently inspected. The property is zoned RR-Resort and benefits from existing permits and conservation plans. The asking price is $5,200,000, representing a compelling $436.97 per square foot and an 8.77% cap rate with a current NOI of $456,271. This turnkey operation presents a rare chance to acquire a profitable and idyllic retreat in a highly desirable location. The property features two-story buildings and is located at 279 Greenview Dr, Saylorsburg, PA 18353. APN: 02625800964990 & 02625800862990.