The "for sale" sign has gone up on a Lancaster hotel.
Singh Lodging Inc., which built and developed an 87-room Microtel Inn & Suites hotel along Freeman Drive, has put the property on the real estate market.
Singh is asking $2.99 million for the hotel.
Sources said a few potential buyers have looked at the hotel.
The Microtel was built a decade ago and sits along a busy stretch of Transit Road that picks up a lot of local traffic as well as traffic from the New York State Thruway.
The hotel has an average daily room rate of $60 and runs at approximately a 40 percent annual room occupancy rate.