Former Penn Resort Pocono Mountain Area for sale
Former The Penn Hill Resort is located in the middle of the Poconos Mountains and Delaware water gap national Recreation Area. The four-county region is famous for its outdoor camping sports, natural scenic beauty, 150 lakes, and quaint, historic towns. The varied landscape inspires a range of experiences, from the private and peaceful to the bold and exhilarating. Inns and spas promote restful mountain moments while waterparks and adventure courses offer excitement around every turn. It operates full year and finds out different attractions all year around. These 70 acres of occupied, by three phases. 27.9 million tourists visit per year,$33 billion in travel spending, and 3.3 million visits have grown since 2014 in the Pocono areas.
The resort is catered to all ages, for, young couples, families, and groups.
Surrounding entertainments , like water parks, Ski resorts,mount Airy casino, great bear golf club, the crossing premium outlets , outdoor Adventure sports,etc. all with short distance, less 15 minutes driving.
The resort is 87 miles away from NYC, 1 hour 33 mins drive.
104 miles away from Philadelphia, 1 hour 52 mins drive.
75 miles away from Newark Liberty International Airport, 1 hour 15 mins drive.
15 mins drive to the local town.
Penn Hills Resort
We are looking for a serious investor or developer to continue with this projects
Financials (USD)
Net Operating Income (Annual) Not Disclosed
Asking Price $8,000,000
Cap Rate Available On Request
Additional Details
Land Area 70.00 Acres
Zoning Commercial zone
Deal Terms
Broker Co-Op? Available On Request
Seller Financing Available? Available On Request
Seller Willing To Lease? Available On Request
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