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2299 Lancaster Pike
Shillington, PA 19607
Best Western Plus Reading Inn & Suites · Hospitality Property For Sale
·
68,790 SF
INVESTMENT HIGHLIGHTS
- Ample Parking
- Seasonal Outdoor Pool
- Fitness Center
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built/Renovated | 1986/2018 |
| Building Class | B | Parking Ratio | 2.71/1,000 SF |
| Lot Size | 3.35 AC | Corridor | Interior |
| Building Size | 68,790 SF | ||
| Zoning | C - Motel | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.35 AC |
| Building Size | 68,790 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1986/2018 |
| Parking Ratio | 2.71/1,000 SF |
| Corridor | Interior |
| Zoning | C - Motel |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
ABOUT 2299 LANCASTER PIKE , SHILLINGTON, PA 19607
This 140 room newly renovated Best western Plus is situated on approximately 3.5 pristine acres with parking 187 parking spaces. This hotel is less than 3 miles from the Reading Public Museum and within 10 minutes of VF Outlet Center and Google Works Center for the Arts as well as the Berkshire Mall and FirstEnergy Stadium. The most recent PIP is near completion affording no major Capex for the owner. Current management is willing to remain ensuring a smooth transition and continuation of high performance. There is an existing low rate mortgage(3.94%) that the Bank would consider transferring to a credit worthy applicant
PROPERTY TAXES
| Parcel Number | 39-4395-05-28-0273 | Improvements Assessment | $1,539,200 |
| Land Assessment | $598,300 | Total Assessment | $2,137,500 |
PROPERTY TAXES
