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271 Ridge Road

SPRING CITY, PA 19475
  • $1,385,000
  • STATUS: Active Under Contract
  • ON SITE: 115 Days
  • ID#: PACT2066426
Under Contract
UPDATED: 10 min ago
$1,385,000
  • 0
    BEDS
  • 4.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1900
County:

School Ratings & Info

School District:

Description

We are pleased to present a unique hospitality offering in the charming borough of Spring City, Pennsylvania. This meticulously maintained 10-unit hotel and 4-bedroom, 2-bathroom farmhouse rests on expansive grounds of 4.2 acres, holding potential for increased unit capacity through multifamily conversion, subject to township approvals.Ideally positioned for both leisure and business travelers, The Annvua promises a captivating blend of established income and exciting development potential.The well-established hotel offers guests a haven of comfort and style, perfectly suited for short-term and extended stays. Each of the ten well-equipped units features private entrances, updated baths, in-room coffee makers, smart TVs, ample storage, and convenient on-site parking.Strategic Location: Nearby to Phoenixville, routes such as Routes 422, 23, 724, and 100, and the PA Turnpike4.2-acre PropertyAvailable 10-unit hotel + FarmhouseModern AmenitiesExpansion PotentialZoning: RC - Rural ConservationAsking Price: $1,385,000Cap Rate: 8.9%NOI: $123,056Pro Forma Cap Rate: 10.6%

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Charis Realty Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-09-10T12:52:58.517.
www.charisrealtygroup.com/homes/150642212
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271 Ridge Road SPRING CITY, PA 19475

  • Price: $1,385,000
  • Status: Active Under Contract
  • On Site: 115 Days
  • Updated: 10 min ago
  • ID#: PACT2066426
0
Beds
0
Baths
0
½ Baths
4.2
Acres
1900
Built
Neighborhood:
East Vincent Twp (10321)
County:
Chester
Area:
East Vincent Twp (10321)
School District:
Owen J Roberts
Property Description
We are pleased to present a unique hospitality offering in the charming borough of Spring City, Pennsylvania. This meticulously maintained 10-unit hotel and 4-bedroom, 2-bathroom farmhouse rests on expansive grounds of 4.2 acres, holding potential for increased unit capacity through multifamily conversion, subject to township approvals.Ideally positioned for both leisure and business travelers, The Annvua promises a captivating blend of established income and exciting development potential.The well-established hotel offers guests a haven of comfort and style, perfectly suited for short-term and extended stays. Each of the ten well-equipped units features private entrances, updated baths, in-room coffee makers, smart TVs, ample storage, and convenient on-site parking.Strategic Location: Nearby to Phoenixville, routes such as Routes 422, 23, 724, and 100, and the PA Turnpike4.2-acre PropertyAvailable 10-unit hotel + FarmhouseModern AmenitiesExpansion PotentialZoning: RC - Rural ConservationAsking Price: $1,385,000Cap Rate: 8.9%NOI: $123,056Pro Forma Cap Rate: 10.6%
Exterior Features

Construction Materials StuccoMasonry Garage YN No Parking Features Paved Parking Parking Types DrivewayParking Lot Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3008.00 Cooling None Exclusions All personal property Flooring CarpetHardwood Heating Wall Unit Heating YN Yes Net Square Feet 0.00

Property Features

Accessibility Features Ramp - Main Level Central Air YN No Cooling Fuel Electric Heating Fuel Electric Hot Water Electric Municipality EAST VINCENT TWP Navigable Water YN N Net Operating Income 123056.00 New Construction YN No Number Of Units Total 0 Original MLSNumber 803077767518 Ownership Interest Fee Simple Property Sub Type Mixed Use Sale Type Standard Sewer Other Tax Annual Amount 9395.00 Tax Lot 0105 Vacation Rental YN No Water Source Public Zoning C40

Listing courtesy of KW Commercial: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Charis Realty Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-09-10T12:52:58.517.
 
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Charis Realty Group
1896 Urbana Pike, Suite 6
Clarksburg MD, 20871