Available
Independent
Johnson City, TX
Walden Retreats Hill Country
Walden Retreats is a 15-key luxury glamping resort on 96 acres in the Texas Hill Country, twenty-five minutes from downtown Fredericksbur…
15
Keys
Upon Request
Asking
ListingsSomerset, PA
Red Roof Inn Somerset. Somerset, PA.
Available
- 94 keys
- Select Service
- Red Roof Inn
- 1990 / 2024
- Keys
- 94
- Brand
- Red Roof Inn
- Chain Scale
- Select Service
- Year Built
- 1990
- Year Renovated
- 2024
- Asking Price
- $2,400,000
- Encumbrance
- Red Roof Inn franchise
- Mgmt / Franchise
- Red Roof Inn (franchise)
- Call for Offers
- Open ended
Opportunity Overview
Position. Why this asset, now.
94-unit Red Roof Inn positioned at an I-76 Pennsylvania Turnpike gate with daily exposure to 32,000 vehicles. Recently renovated in 2024 with 4.4-star Google reviews, the property benefits from diverse demand drivers including turnpike traffic, healthcare activity, and regional employers. Priced below stabilized comparables with strong cash-flow potential.
Prime I-76 Turnpike gate location, immediate access, 32K daily vehicles.
Recently renovated in 2024 with 4. 4-star guest satisfaction ratings.
Diversified demand. Turnpike, UPMC healthcare, employers, Flight 93 Memorial.
Recession-resistant economy lodging captures trade-down demand.
Pro forma cap rate of 13. 65% with upside as ADR and occupancy stabilize.
Exterior-corridor layout suited for owner-operators seeking durable yields.
Gallery
See the asset. 3 photos in the full gallery.
Full gallery and OM available on request.
Location
Where the asset sits.
Address
220 Waterworks RdSomerset, PA
Somerset, PA
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Red Roof Inn Somerset FAQ
- What's the asking price on the Red Roof Inn Somerset?
- $2,400,000. Confidential conversations available; the OM is gated behind NDA where applicable.
- What are the property fundamentals on this Red Roof Inn select service?
- 94 keys. Red Roof Inn, Select Service segment. Built 1990, renovated 2024. Located in Somerset, PA. Encumbrance: Red Roof Inn franchise.
- Who is the listing broker?
- ritik-patel and mitchell-glasson at Matthews Hotel Markets. The team has direct relationships with the institutional, family-office, PE, and HNW buyer pools that bid this asset class.
- What does Matthews's disposition process look like?
- Standard 24-week playbook: engagement letter and BOV in weeks 1–4, OM and marketing launch in weeks 5–8, call-for-offers and finalist round in weeks 9–14, definitive agreement and closing in weeks 15–24. Confidential by default; broker-built underwriting on every BOV.
- What's the buyer pool for a Select Service hotel like this in Somerset?
- Select Service assets in this market range typically draw a buyer pool of select-service-focused REITs, family offices, PE roll-ups, owner-operators, and HNW first-time hotel buyers. Red Roof Inn brand-loyal buyers compete actively for in-flag acquisitions.