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    11237 Shaw Ave, Meadville, PA 16335

    Property ID
    US73-Q001186
    11237 Shaw Ave, Meadville, PA 16335 For Sale 1 / 66
    $2,399,500
    11237 Shaw Ave, Meadville, PA 16335
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    Property summary
    AI-generated overview

    SVN Three Rivers Commercial Advisors is pleased to present the Econo Lodge located at 11237 Shaw Avenue in Meadville, PA, ideally positioned just off I-79 at Exit 147. This 63-room hospitality property was built in 1998 and remodeled in 2010. Opportunity for future rebranding or re-development in a prime location along US 19 with 27k vehicles per day. The property sits on a large 2.73 acres. Guest amenities include flat screen televisions, complimentary internet service, in-room desks with coffee/tea makers, mini refrigerators, microwaves, and continental breakfast. 63 rooms on 3 floors (elevator included) Abundant guest amenities Ideally positioned just off I-79 at Exit 147 & minutes from downtown Meadville and regional attractions

    Property profile
    Verified
    Property type Hotels
    UPID US73-Q001186
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Econo Lodge Hotel & Motel
    1 occupant on record
    Value estimations
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    Permitted uses
    Permitted uses
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