1924 Leesburg Grove City Rd | Grove City, PA 16127
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- LoopNet Team
1924 Leesburg Grove City Rd
Grove City, PA 16127
SureStay by Best Western Grove City · Hospitality Property For Sale
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31,918 SF
INVESTMENT HIGHLIGHTS
- Turnkey Investment: Two-story interior corridor hotel, built in 1997 and fully renovated in 2024, with strong ADR performance and fully PIP-compliant.
- Growth Potential: Operated by an absentee owner with a low Market Penetration Index (RGI) of 47.8, offering significant upside under active managemen
- Exceptional Value: Listed at $2.5MM, well below the appraised value of $3.1MM, with a TTM Revenue of $786,829 and a revenue multiplier of 3.17x.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1997/2024 |
| Building Class | B | Parking Ratio | 1.94/1,000 SF |
| Lot Size | 2.51 AC | Corridor | Interior |
| Building Size | 31,918 SF | ||
| Zoning | C | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.51 AC |
| Building Size | 31,918 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1997/2024 |
| Parking Ratio | 1.94/1,000 SF |
| Corridor | Interior |
| Zoning | C |
AMENITIES
- Business Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 29-217-032-004 | Improvements Assessment | $392,550 |
| Land Assessment | $34,500 | Total Assessment | $427,050 |
PROPERTY TAXES
Parcel Number
29-217-032-004
Land Assessment
$34,500
Improvements Assessment
$392,550
Total Assessment
$427,050
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