Investment Overview

Marcus & Millichap is pleased to present the exclusive opportunity to acquire the Country Inn & Suites Lewisburg, PA. The hotel is Priced to sell at $7,950,000, or 3.4 times room revenues with minimal PIP Upon transfer. Constructed in 2004 as a purpose-built Country Inn & Suites, the hotel represents a rare opportunity to acquire a well-maintained asset that has remained under the stewardship of its original developer since opening. The three-story, 81-room Property will be delivered fee simple and unencumbered by debt or management and will receive a long-term relicense from Choice Hotels after completion of PIP estimated to be under $200,000. The hotel consistently generates over $2.3 million in room revenues from its excellent location and proximity to a diverse mix of university, healthcare, corporate, and leisure demand. The Country Inn & Suites Lewisburg represents an excellent platform for a new hands-on investor to optimize the hotel’s healthy RevPAR of $79 to achieve a net operating income of $818,906 or 11 percent Cap rate in 2027.