- Fee-simple interest in the 2009 built, 82-room Comfort Suites Bloomsburg, PA offered for purchase through a receiver sale
- Property is being offered for sale in the February 16th auction event on Ten-X
- Available unencumbered of debt and management at a significant discount to replacement cost
- Strong operational upside in purchasing out receivership, completing the change of ownership PIP, and secure a long-term franchise agreement with Choice Hotels.
- Subject transferred to special servicing in January 2020
- Property is currently receiver managed with receiver appointed by the court in February 2020
- Hotel is situated within Buckhorn Plaza, an 87,000-square-foot anchored shopping center. Tenants include Lowe’s Home Improvement, Walmart Connection Center, Marshalls, Dollar Tree, Olive Garden, Show Depot and Panera Bread
- Proximate to all broader Bloomsburg area demand including Bloomsburg University of Pennsylvania, Bloomsburg Fairgrounds, Bloomsburg Children Museum Kawneer, The J.M. Smucker Company, Bloomsburg Carpet Industries, Geisinger Bloomsburg Hospital, Bloomsburg Municipal Airport, and the downtown National Historic District