1582 Bee Line Hwy DuBois, PA 15801

Property Details for 1582 Bee Line Hwy

Year built

1995

Lot size

4.57 lot acres

Property size

56,700 SF

Property type

Motels

Property subtype

Hotels

Description

This 96-key Hampton Inn, located in DuBois, PA, presents a compelling investment opportunity. The three-story, 56,700 square foot hotel sits on a 4.57-acre lot and boasts a recently completed exterior renovation. Its convenient location off I-80, adjacent to the DuBois Mall, provides excellent visibility and accessibility. The property benefits from a desirable Hilton brand affiliation with approximately 12 years remaining on the license term. Financials show a RevPAR penetration index increasing from 87% in 2022 to 94% in the trailing 12 months ending June 2023, indicating strong potential for growth. A change-of-ownership Property Improvement Plan (PIP) will allow for further RevPAR increases by enhancing the interior. The hotel features amenities such as a complimentary breakfast, swimming pool, business center, and conference room. Guest rooms include modern conveniences like Wi-Fi, flat-screen TVs, and refrigerators. The property is unencumbered by third-party management or debt, offering fee-simple, outright ownership. Its location in a Qualified Opportunity Zone may offer preferential tax treatment. Various financing options, including USDA, CMBS, and SBA (504) programs, are available. The surrounding area features attractions like Cook Forest State Park and Allegheny National Forest, contributing to tourism. The proximity to Penn State Dubois and Penn Highlands DuBois hospital also drives occupancy. This property offers a unique blend of established brand recognition, strong location, and significant upside potential. The property is offered unpriced; all offers will be reviewed.