$715,000
Lakeville, PA 18438
MLS# PW-240702
Status: Closed
3920 sqft

1 / 72
Property Description
Charming lakeside Inn on Lake Moc-A-Tek, on Route 590 and just minutes from Lake Wallenpaupack. Suitable for operating as a traditional inn or a valuable addition to your short-term or long-term rental portfolio. Situated on 2.56-acres fronting on Lake Moc-A Tek, this turn-key business features eight rental units; two doubles; two king rooms; one one-bedroom apartment; one studio apartment; one two-bedroom chalet and a large two-bedroom unit currently being used as the owners quarters. Each unit offers scenic lake views. Your guests can relax on outdoor decks or in a picturesque gazebo by the water. With cable TV, Wi-Fi, and full kitchens in the chalet and apartments, guests can enjoy all modern comforts while still experiencing the charming vintage ambiance. Electric vehicle owners benefit from the free Tesla charging station. The owner's 1,200 sq ft quarters boast a stone fireplace, two bedrooms with two full baths, and a full kitchen. The master suite on the second floor includes a deck overlooking the property. Fully furnished and equipped, this family business sale includes assets like furnishings and fixtures. Don't miss this chance to own a thriving lakeside Inn!
Details
Documents
Contract Information
Current Price: $715,000
Sold Price: $715,000
Status: Closed
Listing Contract Date: 2024-03-21
Property Sub Type: Hotel-Motel
Listing Service: Full Service
Environmental Survey YN: No
General Property Information
Business Name: Lake Moc-A-Tek Inn
Number Of Buildings: 2
Number Of Units Total: 8
Building Area Total: 3920
Living Area: 3920
Year Built: 1973
Lot Size Acres: 2.56
Waterfront YN: Yes
Water Body Name: private lake
Stories: 2
List Price/SqFt: 202.81
Sold Price/SqFt: 182.4
Remarks and Miscellaneous
Public Remarks: Charming lakeside Inn on Lake Moc-A-Tek, on Route 590 and just minutes from Lake Wallenpaupack. Suitable for operating as a traditional inn or a valuable addition to your short-term or long-term rental portfolio. Situated on 2.56-acres fronting on Lake Moc-A Tek, this turn-key business features eight rental units; two doubles; two king rooms; one one-bedroom apartment; one studio apartment; one two-bedroom chalet and a large two-bedroom unit currently being used as the owners quarters. Each unit offers scenic lake views. Your guests can relax on outdoor decks or in a picturesque gazebo by the water. With cable TV, Wi-Fi, and full kitchens in the chalet and apartments, guests can enjoy all modern comforts while still experiencing the charming vintage ambiance. Electric vehicle owners benefit from the free Tesla charging station. The owner's 1,200 sq ft quarters boast a stone fireplace, two bedrooms with two full baths, and a full kitchen. The master suite on the second floor includes a deck overlooking the property. Fully furnished and equipped, this family business sale includes assets like furnishings and fixtures. Don't miss this chance to own a thriving lakeside Inn!
Status Change Information
Major Change Timestamp: 2024-10-03T13:19:22Z
Major Change Type: Status Change
Price Change Timestamp: 2024-06-05T15:19:48Z
Purchase Contract Date: 2024-06-13
Close Date: 2024-10-02
Close Price: 715000
Buyer Financing: Conventional
Building Features
Included In Contract: Land, Business & Building(s)
Location Tax and Legal
Street Number: 159
Street Name: Purdytown
Street Suffix: Turnpike
County: Wayne
State: PA
Postal Code: 18438
Subdivision Name: None
Property Features
Basement: Concrete; Crawl Space; Exterior Entry; Sump Pump; Unfinished
Business Type: Hospitality; Hotel/Motel; Rental
Construction Materials: Stone; T1-11; Wood Siding
Cooling: Varies by Unit
Current Use: See Remarks
Exterior Features: Balcony
Foundation Details: Block
Frontage Type: Lakefront; Waterfront
Levels: Multi/Split
Listing Terms: Cash; Conventional
Lot Features: Level; Views; Waterfront
Parking Features: Asphalt; Driveway; Parking Lot; Paved
Possession: Close Of Escrow
Road Frontage Type: State Road
Road Surface Type: Paved
Roof: Asphalt
Sewer: On Site Septic
Structure Type: Hotel/Motel
Water Source: Well
Waterfront Features: Lake; Lakefront; Waterfront
Listing Office: Davis R. Chant - Lake Wallenpaupack
Last Updated: October - 03 - 2024
Information displayed on this website on listings other than those of the website owner is displayed with permission of the Pike Wayne Association of REALTORS and Broker/Participants of the Pike Wayne MLS. 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. Information is from sources deemed reliable but is not guaranteed. Prospective buyers should verify information independently.
Lead-Based Paint Hazards Disclosure