306 Merwinsburg Road
Property Description
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. 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!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,999,999 |
| No. of Units: | 10 |
| Year Built: | 1902 |
| Lot Size: | 14,672.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $200,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 16 |
| Number of Bathrooms: | 0 |
ID: 3yd-PMARPA-PM-138595
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