Amazing investment opportunity! Hotel in Renovo, PA, perfect for conversion to long-term stay units. Monthly rents of $400-$600 (utilities included) make it highly attractive to tenants. Key Features: Income Potential: Generate up to $350,000 annually. Profitability: Potential NOI of around $250,000. Quick break-even point and significant ROI potential. Ideal for investors looking for a value-add property with steady income.
Renovo is located in Pennsylvania. Renovo, Pennsylvania has a population of 1,224. Renovo is less family-centric than the surrounding county with 20.2% of the households containing married families with children. The county average for households married with children is 27.49%.
The median household income in Renovo, Pennsylvania is $28,264. The median household income for the surrounding county is $47,990 compared to the national median of $57,652. The median age of people living in Renovo is 39.1 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 18.7 degrees. The average rainfall is approximately 41.6 inches per year, with 30.3 inches of snow per year.
