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475 Camelback Rd Tannersville PA 18372

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ID: 77
475 Camelback Rd Tannersville PA 18372
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$35,000,000.00
Earnest Money Deposit: $5,000,000

(Currently Sold Out. Inquire for availability)
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Property Description

Introducing a rare investment opportunity in the Pocono Mountains 475 Camelback Rd, Tannersville, PA 18372. Priced at $35 million, this commercial property boasts a 78,842 sq. ft. building on a spacious 315,374 sq. ft. lot.

Featuring 156 unflagged keys, this hotel presents a prime investment in a sought-after location. Generating an impressive annual NOI of $1 million with current yearly income of $2.5 million, this property offers significant revenue potential. The interior showcases a welcoming lodge-style lobby, 156 well-appointed guest rooms, and multiple dining facilities. In addition, the amenities include indoor and outdoor pools, a fitness center, and expansive event spaces.

Strategically located in a tourist hotspot, this property allows for diverse revenue streams and development opportunities with neighboring comps valued at $31-33 million. Don't miss out on this chance to acquire a premium commercial asset in a prime Pocono Mountains location.

BUILDING INFORMATION

  • 78,842
  • 156
  • 1983
  • 1
  • 3
  • 315,374

PROPERTY TYPE

  • Hospitality, Land
  • Commercial, Hotel, Land
  • 100%