Route 940, Pocono Lake, PA 18347 (MLS# 12-2902)
Route 940, Pocono Lake, PA 18347
$495,000
Property Type:
Commercial Sale
Square Footage:
10,910
Lot Size (sq. ft.):
163,350
Status:
Closed
Current Price:
$495,000
List Date:
6/04/2013
Last Modified:
9/13/2024
Description
1ST TIME OFFERED. Family Run Classic Pocono Motel SULLIVAN TRAIL MOTEL - 25 Rooms, 2 - Kings, 22 - Doubles, 1 - Efficenty (Queen), Cottage 2 Bedrooms (Queens). Grosses over $200K per year. Repeat customers galore. Outdoor pool, Owners quarters and a ''Social room'' for guests. Very well kept. No owner financing. Owners retireing after 35 years. Sale includes all FF & E., Tax Information: Available, Ceiling Height: Up to 8' - Y, No Overhead Door: Y
More Information MLS# 12-2902
Contract Information
Current Price: $495,000
Sold Price: $495,000
Status: Closed
Listing Contract Date: 2012-06-21
Property Attached YN: No
Listing Agreement: Exclusive Right To Sell
Owner Name: Sullivan Trail Inn
Environmental Survey YN: No
Location Tax and Legal
Street Name: Route 940
State: PA
Postal Code: 18347
County: Monroe
General Property Information
Building Area Total: 10910
Building Area Total (Report Only): 10910
Enhanced Accessible: No
Year Built: 1974
Building Name: N/A
Parking Total: 20
Lot Size Acres: 3.75
Lot Size Dimensions: 405x369.5x397.6x394
Land Lease YN: No
Waterfront YN: No
Basement YN: No
Stories: 1
List Price/SqFt: 54.9
Sold Price/SqFt: 45.37
Remarks and Miscellaneous
Public Remarks: 1ST TIME OFFERED. Family Run Classic Pocono Motel SULLIVAN TRAIL MOTEL - 25 Rooms, 2 - Kings, 22 - Doubles, 1 - Efficenty (Queen), Cottage 2 Bedrooms (Queens). Grosses over $200K per year. Repeat customers galore. Outdoor pool, Owners quarters and a ''Social room'' for guests. Very well kept. No owner financing. Owners retireing after 35 years. Sale includes all FF & E., Tax Information: Available, Ceiling Height: Up to 8' - Y, No Overhead Door: Y
Exclusions: No
Status Change Information
Major Change Timestamp: 2014-02-10T21:52:09Z
Major Change Type: Status Change
Price Change Timestamp: 2012-12-14T14:14:20Z
Status Change Timestamp: 2014-02-10
Purchase Contract Date: 2013-11-20
Close Date: 2014-02-10
Close Price: 495000
Buyer Financing: Conventional
Building Features
Included In Contract: Business & Building(s)
Income and Expenses
Gross Income: 200000
Road Frontage Type
Road Frontage Length: 405
Property Features
Building Features: Equipment Included; Inventory Included; Public Restrooms; Window(s)
Business Type: Hotel/Motel
Construction Materials: Brick
Cooling: Wall Unit(s)
Electric: 200+ Amp Service
Flooring: Carpet; Vinyl
Heating: Electric; Other; See Remarks
Levels: One
Listing Terms: Cash; Conventional
Lot Features: Level
Parking Features: Driveway; Gravel
Possession: Negotiable
Road Frontage Type: State Road
Roof: Slate
Sewer: Septic Tank
Water Source: Well
Showing Requirements: Appointment Only
Listing Office: BETTER HOMES AND GARDENS REAL ESTATE WILKINS & ASSOCIATES
Last Updated: September - 13 - 2024
Information deemed reliable but not guaranteed.