265 N Hershey Rd | Harrisburg, PA 17112
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This Hospitality Property is no longer advertised on LoopNet.com.
265 N Hershey Rd
Harrisburg, PA 17112
La Quinta Inns & Suites Harrisburg Hershey · Hospitality Property For Sale
·
44,838 SF

Investment Highlights
- Recently renovated, 2012-vintage hotel with minimum going-in capital required offered at a highly attractive basis at less than half of replacement.
- Proven historical performance with significant market share upside in a submarket with fully recovered RevPAR.
- Non-union, select-service lodging asset offered unencumbered of management with substantial cash-flow/operational efficiency upside.
- Newest hotel in the competitive set with a favorable supply story.
- Long-term ground-lease expiring July 2109 with diminutive annual rent payments ($63k as of TTM September).
Property Facts
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 2012 |
| Building Class | B | Parking Ratio | 1.47/1,000 SF |
| Lot Size | 2.97 AC | Corridor | Interior |
| Building Size | 44,838 SF | ||
| Zoning | COM - Commercial zoning classification that allows for retail, office, and entertainment businesses use | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.97 AC |
| Building Size | 44,838 SF |
| No. Stories | 3 |
| Year Built | 2012 |
| Parking Ratio | 1.47/1,000 SF |
| Corridor | Interior |
| Zoning | COM - Commercial zoning classification that allows for retail, office, and entertainment businesses use |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
Property Taxes
| Parcel Number | 68-024-120 | Improvements Assessment | $2,621,500 |
| Land Assessment | $113,000 | Total Assessment | $2,734,500 |
Property Taxes
Parcel Number
68-024-120
Land Assessment
$113,000
Improvements Assessment
$2,621,500
Total Assessment
$2,734,500
Listing ID: 34332109
Date on Market: 12/31/2024
Last Updated:
Address: 265 N Hershey Rd, Harrisburg, PA 17112
The East Shore/Central Hospitality Property at 265 N Hershey Rd, Harrisburg, PA 17112 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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