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2480 Maryland Rd
Willow Grove, PA 19090
SpringHill Suites Philadelphia Willow Grove · Hospitality Property For Sale · 109,396 SF

INVESTMENT HIGHLIGHTS

  • Easily accessible to Downtown Philadelphia, approximately 20 miles away, and the Philadelphia International Airport, about 35 miles away.
  • Located at the intersection of the Pennsylvania Turnpike (I-276) and Pennsylvania Route 611, adjacent to the Willow Grove-Horsham business parks.
  • Historically, the hotel has performed well with regard to net operating income with great upside upon PIP completion coupled with market recovery.
  • This is an excellent opportunity to acquire a high-quality, all-suite asset at a below-replacement-cost valuation.
  • As part of the Marriott family, the property benefits from a superior reservation system and the Marriott Hotel Rewards program.
  • SpringHill Suites Philadelphia Willow Grove presents an opportunity to acquire the fee simple interest in a premium-branded, all-suite asset.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 4.05 AC
Building Size 109,396 SF
No. Stories 4
Year Built 2002
Parking Ratio 1.42/1,000 SF
Corridor Interior
Zoning C-2 - Commercial District

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Digital key

PROPERTY TAXES

  • Listing ID: 23347532

  • Date on Market: 6/9/2021

  • Last Updated:

  • Address: 2480 Maryland Rd, Willow Grove, PA 19090