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Rodeway Inn & Suites Hershey 43 W Areba Ave 22 Room Hotel Hershey, PA 17033 $2,300,000 ($104,545/Room)
Executive Summary
Bennett Williams Commercial is pleased to present the Rodeway Inn & Suites in Hershey, Pennsylvania for sale. This well-located hospitality property sits less than one mile from Hersheypark and Hershey’s Chocolate World, two of the region’s most popular tourist attractions that draw millions of visitors annually. The property features 23 guest rooms within an approximately 11,423 square foot building situated on 0.65 acres. Guest rooms include practical amenities such as refrigerators, microwaves, coffee makers, irons and ironing boards, hair dryers, and televisions, providing a comfortable and convenient stay for visitors to the Hershey area. Additional property amenities include an indoor pool and food hall, enhancing the overall guest experience. With its prime proximity to major attractions and consistent tourism demand, the Rodeway Inn & Suites represents a compelling hospitality investment opportunity in one of Pennsylvania’s most recognizable destination markets.
Property Facts
| Price | $2,300,000 | Building Size | 11,423 SF |
| Price Per Room | $104,545 | No. Rooms | 22 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1949/2011 |
| Property Subtype | Hotel | Parking Ratio | 2.63/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 0.64 AC | ||
| Zoning | VC | ||
| Price | $2,300,000 |
| Price Per Room | $104,545 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.64 AC |
| Building Size | 11,423 SF |
| No. Rooms | 22 |
| No. Stories | 2 |
| Year Built/Renovated | 1949/2011 |
| Parking Ratio | 2.63/1,000 SF |
| Corridor | Interior |
| Zoning | VC |
Amenities
- Business Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 7 | $199.00 | - |
| Guest Room | 15 | $89.00 | - |
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Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 24-016-108 | Improvements Assessment | $503,800 |
| Land Assessment | $225,600 | Total Assessment | $729,400 |
Property Taxes
Parcel Number
24-016-108
Land Assessment
$225,600
Improvements Assessment
$503,800
Total Assessment
$729,400
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Rodeway Inn & Suites Hershey | 43 W Areba Ave
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