Former Penn Resort Pocono Mountain Area for sale

New York, NY
Asking Price: $8,000,000
Real Estate Details
Listed on Mar 24, 2023

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

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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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