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Property profile & analytics
OFF-MARKET
Hotels

2961 Lycoming Crk Rd Williamsport, PA 17701-1028

1,910 SF 0.8 ac lot Built 1925
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US73-4308680
Property summary
AI-generated overview

This exceptional investment opportunity presents Bing's Motel, a well-established hospitality business located in Williamsport, Pennsylvania. The property boasts 18 air-conditioned guest rooms, each equipped with a refrigerator, microwave, flat-screen TV with cable, and complimentary internet access. Bathrooms feature shower/tub combinations, and rooms include blackout drapes/curtains and phones with free local calls. The motel sits on a 0.80-acre lot (34,848 sq ft) and includes four buildings totaling 6,597 square feet, constructed in 1940 and extensively renovated in 2021. Ample parking is available for guests, including space for trucks and trailers. The sale includes all fixtures, furniture, and linens, making this a truly turnkey operation. A significant advantage is the inclusion of a comfortable, approximately 2000 square foot owner's house featuring three bedrooms and two bathrooms. The motel's prime location in the Williamsport business district, known as the Home of Little League Baseball, ensures a strong client base, attracting fans, families, and those attending local events. The property's zoning is commercial, and the asking price is $899,000. Financial information is available upon request to qualified buyers only. The property's APN is Map No 26-0210-0204-000. Eight additional rooms are available for expansion. This is a motivated seller situation.

Property profile
Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1925
Total area 1,910 SF
Lot 0.8 ac (34,848 SF)
APN 26+,021.0-0204.00-000+
UPID US73-4308680
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
  • Bing's Motel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Hari Oam INC · 7 yrs held
Hari Oam INC
since 2019
2 recorded transactions
2019
$450,000
2005
$470,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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