2400 Old Lincoln Hwy | Trevose, PA 19053
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2400 Old Lincoln Hwy
Trevose, PA 19053
Radisson Hotel Philadelphia Northeast · Hospitality Property For Sale
·
205,011 SF
INVESTMENT HIGHLIGHTS
- Centrally Located, Full-Service Hotel in Northeast Philadelphia Surrounded by Key Leisure and Corporate Demand Drivers
- Largest Business Hotel in Northeast Philadelphia with 15,500 SF of Flexible Meeting and Event Space
- High Barrier-to-Entry Market with No New Supply Under Construction
- Offered Unencumbered of Brand, Debt, and Management at a Significant Discount to Replacement Cost
- Proven Cash Flow History with Tangible Upside to Drive Occupancy for a New Owner
- Expansive 8-Acre Site Provides Opportunity to Explore Alternative Uses or Additional Future Development
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 6 |
| Property Subtype | Hotel | Year Built | 1974 |
| Building Class | B | Parking Ratio | 2.44/1,000 SF |
| Lot Size | 8.00 AC | Corridor | Interior |
| Building Size | 205,011 SF | ||
| Zoning | 02HC | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 8.00 AC |
| Building Size | 205,011 SF |
| No. Stories | 6 |
| Year Built | 1974 |
| Parking Ratio | 2.44/1,000 SF |
| Corridor | Interior |
| Zoning | 02HC |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 02-001-002-001 | Improvements Assessment | $541,790 |
| Land Assessment | $261,460 | Total Assessment | $803,250 |
PROPERTY TAXES
Parcel Number
02-001-002-001
Land Assessment
$261,460
Improvements Assessment
$541,790
Total Assessment
$803,250
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