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For Auction

Institutional Seller | Fairfield Inn Scranton & Residence Inn Scranton

949 & 947 Viewmont Drive,
Scranton, PA 18519
Represented by
HREC

Asset Snapshot

Real Estate
Asset Type
Hospitality
Property Type
159
Number of Rooms

Offering Summary

Investment Highlights

  • Two-Property Portfolio on a Single Parcel, Fee Simple: 159 combined keys — 81-room Fairfield Inn and 78-room Residence Inn — offered together, free and clear of management.
  • Immediate Complexing Synergies Across Shared Leadership: Co-located assets enable shared GM, Chief Engineer, and Director of Sales, reducing overhead and coordinating sales from day one.
  • Dual Marriott Flags Capture Transient and Extended-Stay: Complementary brands broaden demand capture across corporate transient, project-based, and extended-stay segments simultaneously.
  • Relicensing Term: Marriott International has agreed to extend both hotels’ franchise agreements through Q4 2037 for a qualified purchaser.
  • I-81/I-84/I-380 Hub Connecting NYC, Philadelphia, and NJ: Properties sit at Northeastern Pennsylvania's primary interstate nexus, with direct access to the Northeast's largest population centers.
  • Healthcare and University Demand Anchor Year-Round Occupancy: Lehigh Valley Hospital, Moses Taylor Hospital, University of Scranton, and Marywood University drive consistent institutional room nights.
  • Lower-Middle RevPAR Tier — Clear Upside for Active Operator: Both Hotels rank below mid-tier in their comp sets, signaling meaningful top and bottom-line opportunity through targeted renovation and revenue management



Offering Summary

RealINSIGHT Marketplace, in partnership with HREC Investment Advisors, is pleased to present 947–949 Viewmont Dr, Scranton, PA — a two-property portfolio comprising the 81-room Fairfield Inn and 78-room Residence Inn, totaling 159 keys, offered fee simple, on a single parcel, and free and clear of management. Both assets are institutionally owned and managed, well-maintained, and positioned along Scranton's primary commercial corridor with direct access to Interstates 81, 84, and 380. The co-located configuration enables immediate complexing efficiencies across shared GM, engineering, and sales leadership — a structural advantage available from the first day of new ownership.

The portfolio draws from a deep and diversified Northeast Pennsylvania demand base anchored by Lehigh Valley Hospital-Dickson City, Moses Taylor Hospital, the University of Scranton, Marywood University, and Penn State Scranton, with expanding logistics and industrial activity providing additional corporate room nights. I-81 connectivity places the Hotels within convenient reach of New York City, Philadelphia, and northern New Jersey, broadening the transient capture radius significantly. Despite these fundamentals, both properties consistently rank in the lower-middle tier of their respective competitive sets, representing a clearly identified opportunity for a hands-on buyer to drive RevPAR penetration and margin expansion through targeted renovation and active revenue management — supported by Marriott Bonvoy's 270+ million loyalty members from day one.


Property Tours 

Property tours are available by appointment only on July 22–23 and July 30–31. Please reach out to the HREC team to schedule.

Due Diligence

Transaction Managers

Platform Fee

Buyer pays platform fee at closing.

5% or $25,000 minimum

How it Works

Learn about bidding, reserve prices, and closing.

Read the auction guide

Auctioneer

Lamar P. Fisher
Fisher Auction Company Inc.
License: AU005925

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Financing Available

Investment Sales Brokers

Mark von Dwingelo
HREC Investment Advisors
PA License: RM423339

Debt Placement Broker

Greg Porter
HREC Investment Advisors

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.