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Hotel-Motel

Days Inn Oil City Conference Center

1 Seneca St, Oil City, PA 16301

Listing Price: $2,500,000

Cap Rate
9.05%
Number of Rooms
100
RevPAR
$20
Gross SF
50,000
Price/Room
$25,000
Price/Gross SF
$50.00
Year Built
1965

Investment Overview

The former Days Inn is a 5-story, 106 room, waterfront hotel located in the heart of downtown Oil City, PA. Originally built in 1965 as a five-star Holiday Inn, converted into an independent hotel "The Arlington", and then later rebranded to America's Best Value Inn. In 2013 the property was converted once more into a Days Inn as a part of the Wyndham Hotel Chain. Onsite amenities include Meeting Space, Restaurant, Bar, Guest Laundry, Business Center, Fitness Center, Outdoor Pool, and 3-Bay Manager's Apartment. Venango Museum of Art Science & Industry is less than 0.9 km away. The centre of Oil City is 5 minutes' walk from the accommodation. Days Inn Oil City Conference Center is situated near St Stephen Roman Catholic Church.

Investment Highlights

  • Ideal investment opportunity for investors in search of a distressed property.
  • Upside potential for hands on management.
  • Offered well below replacement costs.

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s) PA: RM424190

    Pennsylvania

Hotel-Motel

Days Inn Oil City Conference Center

Listing Price: $2,500,000

Cap Rate
9.05%
Number of Rooms
100
RevPAR
$20
Gross SF
50,000
Price/Room
$25,000
Price/Gross SF
$50.00
Year Built
1965

Investment Highlights

  • Ideal investment opportunity for investors in search of a distressed property.
  • Upside potential for hands on management.
  • Offered well below replacement costs.

Investment Overview

The former Days Inn is a 5-story, 106 room, waterfront hotel located in the heart of downtown Oil City, PA. Originally built in 1965 as a five-star Holiday Inn, converted into an independent hotel "The Arlington", and then later rebranded to America's Best Value Inn. In 2013 the property was converted once more into a Days Inn as a part of the Wyndham Hotel Chain. Onsite amenities include Meeting Space, Restaurant, Bar, Guest Laundry, Business Center, Fitness Center, Outdoor Pool, and 3-Bay Manager's Apartment. Venango Museum of Art Science & Industry is less than 0.9 km away. The centre of Oil City is 5 minutes' walk from the accommodation. Days Inn Oil City Conference Center is situated near St Stephen Roman Catholic Church.

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s): PA: RM424190

    Pennsylvania

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