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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
This is a premier investment opportunity to acquire a well-maintained, IHG-branded extended-stay asset located at 504 N Mountain Rd, Harrisburg, PA. Built in 2009 and recently renovated in 2023, this 93-key hotel spans 49,559 square feet on a generous 4.34-acre lot. Offered at $9,399,900 ($101,074 per key), the property features 103 parking spaces and a three-story layout designed for consistent performance. Situated in a high-demand corridor with a 5-mile average household income exceeding $109,000, the hotel is perfectly positioned to capture both corporate and leisure travel in the Hershey area
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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Candlewood Suites Harrisburg 1-81 - Hershey | 504 N Mountain Rd
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