Detailed Information
Location
Property Highlights
- Fee-simple interest in the absentee-owned and third party managed 55-room Best Western in DuBois, PA, available for purchase at a substantial discount to replacement cost
- The Hotel is available unencumbered by debt or management, with the option to retain the Best Western flag through automatic transfer
- Substantial operational enhancements are expected upon transition to a more hands-on ownership, with over $75 RevPAR attainable in the market
- Ownership recently completed roughly $500K / $9.0K per key worth of renovations that include work to the guestrooms, bathrooms, hallways, lobby area, meeting space, and parking lot area
- Award winning property that’s been named DuBois Hotel Of The Year in 2021 by Visit Clearfield County
LOCATION SUMMARY
- Strategically positioned just south of Interstate-80, a principal east-to-west route, the location offers direct and easy access to major nearby cities such as Akron, OH; Pittsburgh, PA; and New York City, NY
- The property is located opposite the 125-acre Penn State DuBois campus, a branch of Penn State University, which provides a range of undergraduate programs.
- The Hotel is advantageously located near Penn Highlands DuBois hospital, a member of the Penn Highlands Healthcare network that serves the Central Pennsylvania region and features a Level II Trauma Center
- Manufacturing is a crucial component of the local economy, with both internationally and nationally acclaimed companies maintaining facilities in the area, including Danone North America, The Coca-Cola Company, Domtar Paper Company, and Sensus Metering Systems, a subsidiary of publicly traded Xylem Inc.
- The property enjoys a strategic location near key DuBois regional attractions such as Dubois Mall, Shower Fields, and DuBois Country Club, and is conveniently situated within 45 minutes of several nearby state parks, including Parker Dam State Park, Cook Forest, and the Allegheny National Forest.
- DuBois and its surrounding areas are renowned for hosting a number of prominent wineries that draw visitors to the region, including Two Birch Winery, Evergreen Valley Vineyards, Winery at Wilcox, and the award-winning Laurel Mountain Winery
- Clearfield County, which includes DuBois, PA, is widely recognized as a top destination for hunting enthusiasts, consistently ranking among the top ten counties in Pennsylvania for hunting.
- DuBois, PA, boasts access to both international and regional air travel via a network of nearby airports, including the globally connected Pittsburgh International Airport, State College Regional Airport, Bradford Regional Airport, and the conveniently situated DuBois Regional Airport