Investment Overview

Marcus & Millichap is proud to present the exclusive opportunity to acquire the 82 room Comfort Suites Edinboro located in Edinboro, Pennsylvania. The Hotel is being offered at $5,600,000 or 9.75 percent Cap rate and delivered Fee Simple, unencumbered of debt or management. The all-suites hotel, constructed in 2008 is located off Interstate 79 just 30 minutes south of Erie, PA and 1.5 hours from Cleveland, OH and Pittsburgh, PA. The Comfort Suites Edinboro recently completed the latest “Rise & Shine" Package by Choice in all guest rooms and will receive a long-term relicense and minimal PIP upon transfer. The Comfort Suites Edinboro represents an attractive investment with a net operating income of $546,728 and at a significant discount to replacement at $68,292 per key.