Red Roof Inn | 2024 Full Renovation | 94 Keys
$500,000
220 Waterworks Road, Somerset, PA 15501
2.17 acres
Lot Area
94
Keys
Details:
Highlights:
- Prime Pennsylvania Turnpike Gate Location: Direct on/off access to I-76 with ±32,000 vehicles per day driving consistent transient demand.
- Fully Renovated 94-Key Exterior Corridor: Comprehensive 2024 renovation across 43,010 SF spans two buildings totaling 94 rooms.
- Recession-Resilient Economy Positioning: Value-oriented Red Roof branding attracts price-sensitive travelers trading down in downturns.
- Significant ADR and Occupancy Upside: Pro forma 42.5% occupancy and $64.55 ADR trail market averages, leaving room for RevPAR growth.
- Red Roof Franchise License Through 2044: Brand affiliation secured through 2044 provides long-term flag stability for operators.
- Diverse Demand from Healthcare and Tourism: UPMC Somerset, CVS distribution, and Flight 93 Memorial anchor steady year-round demand.
Description:
RealINSIGHT Marketplace, in partnership with Matthews Real Estate Investment Services, is pleased to present 220 Waterworks Road, Somerset, PA, a 94-key exterior-corridor Red Roof Inn directly adjacent to the Pennsylvania Turnpike I-76 gate. Built in 1990 and renovated in 2024, the 43,010 SF asset sits on 2.17 acres with immediate on/off turnpike access and exposure to approximately 32,000 vehicles per day. The hotel operates under a Red Roof franchise through 2044 and has earned 4.4-star Google reviews post-renovation.
Currently operated under absentee ownership, the property presents a compelling opportunity for a hands-on owner-operator to improve operating efficiencies, strengthen revenue management, and drive performance toward market averages. Pro forma underwriting reflects 42.5% occupancy, a $64.55 ADR, and $27.43 RevPAR, highlighting meaningful upside through improved operational execution.
Demand is diversified across turnpike traffic, UPMC Somerset's 111-bed hospital, a CVS regional distribution center, and tourism tied to the Flight 93 National Memorial and nearby ski resorts. With limited near-term capital needs, recent renovations, a straightforward exterior-corridor layout, and durable interstate demand, this offering suits owner-operators and value-oriented investors seeking a stable regional lodging asset with identifiable operational upside.
For more information:
https://rimarketplace.com/auction/3356/hospitality/somerset/pa?utm_source=brevitas&utm_medium=listing_paid&utm_campaign=september24_2026&utm_content=hospitality_3356
Bidding Opens
Sep 23, 2026 12:00 AM
Bidding Ends
Sep 25, 2026 12:00 AM
Location
Gallery