JLL’s Hotels & Hospitality Group has been selected to exclusively market for the sale the Homewood Suites by Hilton Harrisburg West/Hershey Area, a 116-suite, premium branded extended stay Hotel located at 5001 Ritter Road, Mechanicsburg, Pennsylvania, 17055. The Hotel is located at the intersection between US highway 15 and Interstate 76, with efficient proximity to downtown Harrisburg and its varying attractions.
This opportunity provides the ability to acquire a quality branded extended stay Hotel with exceptional upside in future cash flow through substantial market growth, comprehensive PIP-required renovations, and local hands-on management. The Property is being offered unencumbered by management, free and clear of debt, and at a substantial discount to replacement cost.
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