1500 MacArthur Rd - Hospitality FOR SALE


Whitehall, PA 18052
$8,500,000 USD
909-456-3481
1500 MacArthur Rd, Whitehall, PA for Sale
$8,500,000 USD
Hospitality - FOR SALE
1/11
null | Request Cap Rate

1500 MacArthur Rd
Whitehall, PA 18052


HIGHLIGHTS

  • The Property Sits in a Densely Populated Area with Over 250,000 Residents Within Five Miles
  • RevPAR Index of 80% Compared to the STR Comp Set Indicates Potential Growth in Revenue
  • Excess Land Offers Opportunity for Future Retail Development
  • Over $2 Million in Room Revenue Was Generated in Both 2023 and 2024
  • Minimal PIP Required with Recent Upgrades to FF&E, Flooring, and Case Goods
  • Wyndham's 2023 Renovation of the Year Award Recipient

OVERVIEW

Timothy Stephenson, Jr. // Broker of Record // License PA RMR006104 Property Tours Do not contact on-site staff. All property tours must be scheduled through the listing agent. Prospective purchasers are encouraged to visit the subject property prior to submitting offers. Marcus & Millichap has been chosen to exclusively market for sale the Ramada by Wyndham Allentown/Bethlehem a two-story limited service hotel located in Whitehall, Pennsylvania. The hotel consists of 124 guest rooms and offers amenities including an outdoor pool, 2,356 SF of meeting space, business center, fitness center, spacious lobby/great room, guest laundry facilities and complimentary breakfast. The Ramada by Wyndham Allentown/Bethlehem is ideally located in eastern Pennsylvania with close proximity to U.S. Route 22, providing convenient access to the surrounding Lehigh Valley region. The hotel is situated near both Allentown and Whitehall Township—two of the area's primary commercial and cultural centers. Allentown, the third-largest city in Pennsylvania, features a revitalized downtown, the Allentown Art Museum, Coca-Cola Park, and various dining and entertainment options. Just north, Whitehall is a major retail hub, home to the Lehigh Valley Mall and an extensive mix of national retailers, restaurants, and service businesses. This central location makes the property well-positioned to serve both leisure and business travelers visiting the Allentown/Bethlehem area. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the eastern Pennsylvania region. The property includes excess land that offers an opportunity for future retail development. See listing agent for details.

FOR SALE DETAILS

PRICE

$8,500,000 USD

PRICE/SF

$116 USD /SF

# OF ROOMS

124

PRICE/ROOM

$68,548 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ramada by Wyndham Allentown/Bethlehem

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1967

PARKING SPACES

169

LAND DETAILS

LAND ACRES

6.57 AC

LAND SF

286,189 SF

ZONING

C-2

APN/PARCEL ID

549768496083-1

ASK ABOUT THIS PROPERTY

Gordon AllredMarcus & MillichapMore Info
909-456-3481

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Gordon AllredMarcus & MillichapMore Info
909-456-3481

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.