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Candlewood Suites Harrisburg 1-81 - Hershey 504 N Mountain Rd 93 Room Hotel Harrisburg, PA 17112 For Sale
INVESTMENT HIGHLIGHTS
- Extended Stay Hotel with indoor pool and recently renovated.
EXECUTIVE SUMMARY
IHG-Branded Hotel – For Sale by Owner. This property features a 15-year lease with IHG, set to expire at the end of 2027, ensuring strong brand stability. The owner has invested $1.2 million in renovations since 2022, with $500,000 PIP remaining, making this a well-maintained and updated asset. The hotel demonstrates strong revenue performance and a healthy NOI, offering an attractive investment opportunity for hospitality buyers. For additional information, please email nhj119@aol.com. Serious inquiries only.
NOI is over $1M in 2025 and was over $1.2 in 2023 and 2024. Property had an inexperienced manager and no sales manager all of 2025. 2026 is trending up with new management.
NOI is over $1M in 2025 and was over $1.2 in 2023 and 2024. Property had an inexperienced manager and no sales manager all of 2025. 2026 is trending up with new management.
PROPERTY FACTS
| Sale Type | Investment | Building Size | 49,559 SF |
| Sale Condition | Business Value Included | No. Rooms | 93 |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 2009/2025 |
| Building Class | B | Parking Ratio | 2.08/1,000 SF |
| Lot Size | 4.34 AC | Corridor | Interior |
| Zoning | C12 | ||
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 4.34 AC |
| Building Size | 49,559 SF |
| No. Rooms | 93 |
| No. Stories | 3 |
| Year Built/Renovated | 2009/2025 |
| Parking Ratio | 2.08/1,000 SF |
| Corridor | Interior |
| Zoning | C12 |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Fully-Equipped Kitchen
ABOUT 504 N MOUNTAIN RD , HARRISBURG, PA 17112
Gorgeous 93 suite hotel with kitchens in all rooms. High extended stay occupancy and very profitable. Easy to manage and no hassle. Property is run absentee and payroll is on the high side. Ability to decrease payroll and other expenses with a hands on management company or owner. Property has an indoor pool with brand new heater, fitness room, and guest laundry services for customers.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 93 | $123.00 | - |
PROPERTY TAXES
| Parcel Number | 35-027-020 | Improvements Assessment | $2,909,800 |
| Land Assessment | $639,800 | Total Assessment | $3,549,600 |
PROPERTY TAXES
Parcel Number
35-027-020
Land Assessment
$639,800
Improvements Assessment
$2,909,800
Total Assessment
$3,549,600
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2440 Maryland Road
Candlewood Suites Harrisburg 1-81 - Hershey | 504 N Mountain Rd
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