265 N Hershey Rd | Harrisburg, PA 17112
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
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
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
