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For Auction

Red Roof Inn Somerset | Franchise License Through 2044

220 Waterworks Rd,
Somerset, PA 15501
Represented by
Matthews REIS

Asset Snapshot

Real Estate
Asset Type
Hospitality
Property Type
Limited Service
Hospitality Subtype
1990
Year Built
2024
Year Renovated
94
Number of Rooms
2.17 Acres
Land Area

Investment Highlights

Prime Pennsylvania Turnpike Gate Location
Direct on/off access to I-76 with ±32,000 vehicles per day driving consistent transient demand.
Fully Renovated 94-Key Exterior Corridor
Comprehensive 2024 renovation across 43,010 SF spans two buildings totaling 94 rooms.
Recession-Resilient Economy Positioning
Value-oriented Red Roof branding attracts price-sensitive travelers trading down in downturns.
Significant ADR and Occupancy Upside
Pro forma 42.5% occupancy and $64.55 ADR trail market averages, leaving room for RevPAR growth.
Red Roof Franchise License Through 2044
Brand affiliation secured through 2044 provides long-term flag stability for operators.
Diverse Demand from Healthcare and Tourism
UPMC Somerset, CVS distribution, and Flight 93 Memorial anchor steady year-round demand.

Offering Summary

RealINSIGHT Marketplace, in partnership with Matthews Real Estate Investment Services, is pleased to present 220 Waterworks Road, Somerset, PA, a 94-key exterior-corridor Red Roof Inn directly adjacent to the Pennsylvania Turnpike I-76 gate. Built in 1990 and renovated in 2024, the 43,010 SF asset sits on 2.17 acres with immediate on/off turnpike access and exposure to approximately 32,000 vehicles per day. The hotel operates under a Red Roof franchise through 2044 and has earned 4.4-star Google reviews post-renovation. Currently operated under absentee ownership, the property presents a compelling opportunity for a hands-on owner-operator to improve operating efficiencies, strengthen revenue management, and drive performance toward market averages. Pro forma underwriting reflects 42.5% occupancy, a $64.55 ADR, and $27.43 RevPAR, highlighting meaningful upside through improved operational execution. Demand is diversified across turnpike traffic, UPMC Somerset's 111-bed hospital, a CVS regional distribution center, and tourism tied to the Flight 93 National Memorial and nearby ski resorts. With limited near-term capital needs, recent renovations, a straightforward exterior-corridor layout, and durable interstate demand, this offering suits owner-operators and value-oriented investors seeking a stable regional lodging asset with identifiable operational upside.


Tours available September 7th - 8th. Please contact Ritik Patel (ritik.patel@matthews.com) to schedule. 

Due Diligence

Location

The Hotel sits directly off the Pennsylvania Turnpike's Somerset interchange along I-76, capturing roughly 32,000 vehicles per day. UPMC Somerset's 111-bed hospital and a CVS regional distribution center anchor steady local demand, while the Flight 93 National Memorial and nearby ski resorts draw year-round tourism traffic to this stretch of Somerset County.

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 · PA

Need Help?

Your transaction managers are your first point of contact for any auction or process questions. For additional support:

Auction Opens In
20d 8h 23m 32s
$500,000
Starting Bid
Register To Bid
Bidding Opens
Bidding Closes
Tours Available
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Investment Sales Brokers

Mitchell Glasson
Matthews Real Estate
Robert Anderson
Matthews REIS
KM
Kyle Matthews
Matthews Real Estate
PA License: RB068831

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.