JLL’s Hotels & Hospitality Group, as sole and exclusive agent for the owner, has been retained to offer for sale the fee simple interest in the 78-room Residence Inn Harrisburg Carlisle (the “Hotel” or “Property”). The Hotel is strategically positioned directly off the Pennsylvania Turnpike (Interstate 76) and its intersection with the Penn-Can Highway (I-81) in Pennsylvania's capital region. The Hotel benefits from Carlisle's diverse demand generators, including employers like Naval Support Activity Mechanicsburg, Amazon, Dickinson College, Carlisle Events, and Vibra Health, making it an occupancy and ADR leader in its competitive set.
This market is supported by over 14 million square feet of industrial space, 137 office tenants, and 4254 retail buildings within a 5-mile radius of the hotel. Offered unencumbered by management, the fee-simple Hotel represents an attractive investment in one of Pennsylvania’s most economically dynamic cities, positioning it well for sustained growth and profitability. As Carlisle's first and most established extended-stay hotel, the Property caters perfectly to the area's government, healthcare, and logistics sectors. Further enhanced by the recently completed ~$30,000 per key renovation, this acquisition will represent a compelling opportunity to own a premium branded asset, offered well under replacement cost and in a great submarket.