Institutional Seller | Fairfield Inn Scranton & Residence Inn Scranton

Description:

Investment Highlights


Two-Property Portfolio on a Single Parcel, Fee Simple: 159 combined keys — 81-room Fairfield Inn and 78-room Residence Inn — offered together, free and clear of management.
Immediate Complexing Synergies Across Shared Leadership: Co-located assets enable shared GM, Chief Engineer, and Director of Sales, reducing overhead and coordinating sales from day one.
Dual Marriott Flags Capture Transient and Extended-Stay: Complementary brands broaden demand capture across corporate transient, project-based, and extended-stay segments simultaneously.
I-81/I-84/I-380 Hub Connecting NYC, Philadelphia, and NJ: Properties sit at Northeastern Pennsylvania's primary interstate nexus, with direct access to the Northeast's largest population centers.
Healthcare and University Demand Anchor Year-Round Occupancy: Lehigh Valley Hospital, Moses Taylor Hospital, University of Scranton, and Marywood University drive consistent institutional room nights.
Lower-Middle RevPAR Tier — Clear Upside for Active Operator: Both Hotels rank below mid-tier in their comp sets, signaling meaningful top and bottom-line opportunity through targeted renovation and revenue management



Offering Summary

RealINSIGHT Marketplace, in partnership with HREC Investment Advisors, is pleased to present 947–949 Viewmont Dr, Scranton, PA — a two-property portfolio comprising the 81-room Fairfield Inn and 78-room Residence Inn, totaling 159 keys, offered fee simple, on a single parcel, and free and clear of management. Both assets are institutionally owned and managed, well-maintained, and positioned along Scranton's primary commercial corridor with direct access to Interstates 81, 84, and 380. The co-located configuration enables immediate complexing efficiencies across shared GM, engineering, and sales leadership — a structural advantage available from the first day of new ownership.

The portfolio draws from a deep and diversified Northeast Pennsylvania demand base anchored by Lehigh Valley Hospital-Dickson City, Moses Taylor Hospital, the University of Scranton, Marywood University, and Penn State Scranton, with expanding logistics and industrial activity providing additional corporate room nights. I-81 connectivity places the Hotels within convenient reach of New York City, Philadelphia, and northern New Jersey, broadening the transient capture radius significantly. Despite these fundamentals, both properties consistently rank in the lower-middle tier of their respective competitive sets, representing a clearly identified opportunity for a hands-on buyer to drive RevPAR penetration and margin expansion through targeted renovation and active revenue management — supported by Marriott Bonvoy's 270+ million loyalty members from day one.

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