505 Timber Hill RdHenryville, PA 18332

Property Details for 505 Timber Hill Rd

Year built

1975

Construction

FRAME

Lot size

97.29 AC

Property size (Sq ft)

11,560 SF

Zone code

C1

Property type

Office properties

Property subtype

Office buildings

APN

14.8B.1.170

APU

148B1170

Description

This exceptional 97.29-acre property in Henryville, PA, presents a remarkable investment opportunity. For over four decades, it thrived as Alpine Mountain, a beloved family-friendly ski and snowboard resort. The expansive property boasts existing infrastructure ideal for a revitalized snow sports venue, including snowmaking capabilities, night skiing infrastructure, and three chairlifts. The substantial 27,165-square-foot lodge is fully furnished and equipped with a commercial kitchen, offering ample space for large-scale events such as weddings, corporate retreats, and other gatherings. Its capacity allows for hundreds of attendees. The property's commercial zoning allows for diverse uses beyond recreational activities, capitalizing on its prime location in the Pocono Mountains. Situated a convenient two-hour drive from both New York City and Philadelphia, this location benefits from significant tourist traffic and accessibility. The property's size and existing structures offer substantial potential for redevelopment and significant return on investment. This is a rare chance to acquire a well-established property with considerable upside in a highly desirable tourist destination. The asking price is $1,000,000.

• CAP approach

  CAP return

  Valuation

  6%

  $2,871,683

  6.5%

  $2,650,784

  7%

  $2,461,443

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,520,582

  Geo Method

  $1,510,430

• Alternative Use

  Use

  Valuation

  Residential

  $3,286,973

  Hospitality

  $3,010,849

  Educational

  $2,504,991

  Medical

  $2,591,142

  Retail

  $3,896,653

Location Insight

City

Henryville

County

Monroe

State

Pennsylvania

Latitude

41.1122

Longitude

-75.2284

CBSA code

20700

CBSA name

EAST STROUDSBURG, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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