Royersford, PA 19468
- Investment properties
- 0.70 lot acres
Current Use by Public Records
- Investment properties
Property Details
- Year built
- 1880
- Lot size
- 0.70 lot acres
- Property type
- Investment properties
Description
This exceptional investment opportunity presents a profitable, established hotel in Royersford, PA. The property encompasses two adjacent buildings totaling 17,538 square feet, featuring 25 hotel rooms and 1 bedroom apartments. A recently updated bar and restaurant, complete with a hotel liquor license, is included. The 209 Main St building houses 7 units (3 one-bedroom apartments, 2 studios, 2 hotel rooms, and a laundry room). The 211 Main St building includes 18 units (5 one-bedroom apartments, 12 hotel rooms, and 1 studio). The first floor boasts a 3,500 sq ft bar, restaurant, and fully equipped commercial kitchen with front and rear entrances, meeting all safety and hygiene standards. High-end cooking equipment, an exhaust system, fire suppression, and ample refrigeration are in place. The property sits on a 0.7-acre lot with an average daily traffic count of 15,000-20,000 vehicles. The 2024 projected CAP rate is 10.94%. The hotel enjoys low vacancy rates with long-term tenants. The bar and restaurant offer significant growth potential, and the property can be managed independently, with a partner, or leased to a new tenant. This turnkey operation presents a compelling investment opportunity. Financial details are available upon request.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Royersford
- County
- MONTGOMERY
- State
- Pennsylvania
- Longitude
- -75.5334
- Latitude
- 40.1938
