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 List Date: 2012-06-21 Property Attached YN: No Listing Agreement: Exclusive Right To Sell Owner Name: Sullivan Trail Inn

Location Tax and Legal

Street Name: Route 940 City (Post Office): Pocono Lake State/Province: PA Zip Code: 18347 County: Monroe Geo Lat: 41.109227 Geo Lon: -75.564981

General Property Information

Building Area Total (Report Only): 10910 Year Built: 1974 Building Name: N/A Parking Total: 20 Lot Size Acres: 3.75 Lot Size Dimensions: 405x369.5x397.6x394 Waterfront YN: No Basement YN: No

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

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 PurchaseContractDate: 2013-11-20 CloseDate: 2014-02-10 ClosePrice: 495000 Buyer Financing: Conventional

Building Features

Included In Contract: Business & Building(s)

Income and Expenses

Gross Income: 200000

Property Features

Building Features: Equipment Included; Inventory Included; Public Restrooms; Window(s) Construction Materials: Brick Cooling: Wall Unit(s) Flooring: Carpet; Vinyl Heating: Electric Levels: One Listing Terms: Cash Lot Features: Level Parking Features: Driveway; Gravel 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.