Days Inn Motel
Thursday, December 12 12:00 pm
409 North Derr Drive
Lewisburg, PA
Brochure
Description
Days Inn Motel with Freestanding Leased Restaurant on 1.45± Acres
Currently Open & Operating with Management Company
109 Unit Days Inn
48 Queen • 48 King • Manager Apartment (3 Units) • 2 Jacuzzi Suites • 8 Units Out of Service for Renovation
All Rooms with In-Wall Heating/AC Units
4-Two Story Buildings Built in 1966 & Fully Renovated in 1990
Exterior Corridors • Newer Days Inn Signage with Digital Daktronics Sign
In-Room WiFi • Fenced Seasonal Pool Area
Fully Landscaped with Gazebo and Fountain
Fully Sprinkled, Security System • Fitness Room
100+ Car/RV Parking • Zoned Highway Commercial
City Utilities • 1600 Amp Electrical
Great Location with Excellent Visibility and Easy Access Via US Route 15
Close Proximity to Bucknell University and Packwood House Museum
140 Person Freestanding Restaurant w/ Long Term National Tenant
Tenant Since 1990 & Leased Through 2015 • Annual Payment of Approximately $36,000 • Triple Net Lease
Manner of Sale
The Motel and Restaurant Leasehold will be Sold as One Lot!
PIP, Star Report, Franchise Agreement & Lease Available with Signed Release.
INSPECTIONS:
Tuesday, November 19 • 9:00 am to 2:00 pm
Tuesday, December 3 • 9:00 am to 2:00 pm
Tuesday, December 10 • 9:00 am to 2:00 pm
Thursday, December 12 • 10:00 am to 12:00 pm
Auction will be held on Location.
Broker Participation is welcome but not required. A 2% commission will be paid to the licensed broker who, 1 hour prior to the start of the auction, registers the bidder who pays for and settles for the real estate. A broker buying on his/her behalf, or on behalf of any business entity in which he/she hold an interest, is not entitled to a commission.
View Days Inn in a larger map
Currently Open & Operating with Management Company
109 Unit Days Inn
48 Queen • 48 King • Manager Apartment (3 Units) • 2 Jacuzzi Suites • 8 Units Out of Service for Renovation
All Rooms with In-Wall Heating/AC Units
4-Two Story Buildings Built in 1966 & Fully Renovated in 1990
Exterior Corridors • Newer Days Inn Signage with Digital Daktronics Sign
In-Room WiFi • Fenced Seasonal Pool Area
Fully Landscaped with Gazebo and Fountain
Fully Sprinkled, Security System • Fitness Room
100+ Car/RV Parking • Zoned Highway Commercial
City Utilities • 1600 Amp Electrical
Great Location with Excellent Visibility and Easy Access Via US Route 15
Close Proximity to Bucknell University and Packwood House Museum
140 Person Freestanding Restaurant w/ Long Term National Tenant
Tenant Since 1990 & Leased Through 2015 • Annual Payment of Approximately $36,000 • Triple Net Lease
Manner of Sale
The Motel and Restaurant Leasehold will be Sold as One Lot!
PIP, Star Report, Franchise Agreement & Lease Available with Signed Release.
INSPECTIONS:
Tuesday, November 19 • 9:00 am to 2:00 pm
Tuesday, December 3 • 9:00 am to 2:00 pm
Tuesday, December 10 • 9:00 am to 2:00 pm
Thursday, December 12 • 10:00 am to 12:00 pm
Auction will be held on Location.
Broker Participation is welcome but not required. A 2% commission will be paid to the licensed broker who, 1 hour prior to the start of the auction, registers the bidder who pays for and settles for the real estate. A broker buying on his/her behalf, or on behalf of any business entity in which he/she hold an interest, is not entitled to a commission.
View Days Inn in a larger map
Payment Information
10% Buyer Premium. Persons must show $50,000 Certified Deposit at time of registration to obtain a bidding number. $50,000 Minimum Certified Deposit due on day of Sale, with a deposit equal to 20% due within 2 business days, and balance due at closing within 30 days. The Deposit money shall become Earnest Money and is non-refundable. Attorney Greg Javardian, The Law Offices of Gregory Javardian is overseeing the closing.
Full Terms
Real Estate selling Subject to Owner Confirmation and First Right of Refusal. Real Estate is selling AS-IS, WHERE IS WITH NO WARRANTIES OR GUARANTIES EXPRESSED OR IMPLIED. Subject to Prior Sale. See Bidder Kit for complete terms. Sale does not include restaurant equipment or restaurant personal property.
In all transactions, Auctioneer is acting as an Agent for the Seller. Buyers are urged to inspect items prior to purchase. Seller and Auctioneer are not responsible for items. All information received from reliable sources believed to be correct but not guaranteed by the Auction Company. Any announcement made at the auction takes precedence over any material published about this event. In the event of a dispute, Auctioneer has final decision. Valid Government Issued Photo ID required to obtain bidding number.
In conjunction with Zettlemoyer Auction Co., LLC AY000131L, Sherwood Zettlemoyer AU001237L, Eric Zettlemoyer AU005210.
In all transactions, Auctioneer is acting as an Agent for the Seller. Buyers are urged to inspect items prior to purchase. Seller and Auctioneer are not responsible for items. All information received from reliable sources believed to be correct but not guaranteed by the Auction Company. Any announcement made at the auction takes precedence over any material published about this event. In the event of a dispute, Auctioneer has final decision. Valid Government Issued Photo ID required to obtain bidding number.
In conjunction with Zettlemoyer Auction Co., LLC AY000131L, Sherwood Zettlemoyer AU001237L, Eric Zettlemoyer AU005210.