306 Merwinsburg Road, Effort, PA 18330
sale
$2,200,000
|
Other
Courtesy Of Keller Williams Real Estate - Stroudsburg
15-Unit Income Property | Expansion Potential | Former Motel Conversion Opportunity Rare opportunity to acquire a 15-unit income-producing property formerly known as Harvest Moon, offering exceptional upside and flexible future use. Originally built and operated as a motel, this unique property presents the ability to continue long-term rentals, convert to short-term rentals, or reposition as a boutique motel or mixed-use hospitality asset, subject to zoning and approvals. Currently operating with long-term tenants in place, providing immediate income with room for rent growth. Approximately 75% of the units have been recently remodeled, while the largest building remains ready for renovation, offering substantial potential to increase unit count and overall cash flow. The property features beautifully manicured grounds surrounding a serene, beautiful pond, creating a peaceful setting that enhances guest and tenant appeal. Plenty of parking for all units. Centrally located in the heart of the Poconos, with convenient access to Lake Harmony, Big Boulder, Jack Frost, Camelback, Kalahari, Great Wolf Lodge, Aquatopia, Pocono Raceway, Pocono Premium Outlets, Mount Airy Casino, and Beltzville Lake, making it ideal for both long-term and short-term demand. Zoning General Commercial (GC) uses. Zoning use table is available in the Documents section or contact the listing agent for the full PDF and permitted use details. First time offered for sale. A rare asset with multiple paths to value creation, perfect for investors, developers, or hospitality operators seeking a flexible, scalable opportunity in a high-demand Pocono location. Showings by appointment only. Proof of Funds or Mortgage Pre-Approval required prior to scheduling showing. Initial showing will include four representative units showcasing the variety of layouts: cabin, traditional apartment, studio, and a vacant home ready for conversion. Review or Call today to discuss details and schedule a private showing!
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Property Features
- Age: Over 50 Years Old
- Amenities: Basement
- Amenities: Water Front
- Exterior Type: Vinyl Siding
- Exterior Type: Aluminum Siding
- Floor Covering: Vinyl
- Floor Covering: Laminate
- Floor Covering: Tile
- Floor Covering: Carpet
- Floors: 2
- Heating System: Baseboard
- Heating System: Electric (Heating)
- Legal Description: Lot 1
- MLSID: PM-138594
- Roof Type: Asphalt
- Roof Type: Fiberglass
- Roof Type: Shingle
- Rooms: Basement
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