155 Richardson Rd - Hospitality FOR SALE


Middletown, PA 17057
$1,200,000 USD
717-939-9508
155 Richardson Rd, Middletown, PA for Sale
$1,200,000 USD
Hospitality - FOR SALE
1/12
null | Request Cap Rate

155 Richardson Rd
Middletown, PA 17057


HIGHLIGHTS

  • High Traffic & Visibility: The property benefits from heavy daytime traffic and foot traffic, creating strong visibility and exposure.
  • Prime Central Pennsylvania Location: Conveniently positioned just off the Pennsylvania Turnpike, providing easy access for travelers and strong region
  • Convenient Transportation Access: Harrisburg International Airport and Amtrak rail service are both within convenient reach, expanding the property's
  • Owner-Operator Opportunity: The on-site residence allows an owner or manager to live on the property, providing convenience and the potential for hand

OVERVIEW

The Hollywood Motel presents an excellent opportunity to acquire a well-established 20-room motel with an additional 5-bedroom, 2.5-bathroom single-family residence built in 2006. The property offers a unique combination of commercial lodging income and on-site residential space, making it an attractive opportunity for an owner-operator or investor. Ideally located just off the Pennsylvania Turnpike, the property benefits from convenient access to major transportation routes and strong visibility within the surrounding area. The location experiences heavy daytime traffic and foot traffic, providing excellent exposure for the motel and potential opportunities for additional business growth. The property is also conveniently located within a short drive of Hershey, making it well positioned to capture travelers, tourists, families, and visitors to the region. The Harrisburg International Airport and Amtrak rail service are also nearby, providing additional accessibility for both business and leisure travelers. Property Highlights 20 motel rooms 5-bedroom, 2.5-bathroom house House built in 2006 Located just off the Pennsylvania Turnpike Heavy daytime traffic and foot traffic Excellent visibility and accessibility Convenient access to major transportation routes Close proximity to Hershey Harrisburg International Airport nearby Amtrak rail service nearby On-site residential opportunity for owner/operator Established hospitality operation with potential for continued growth The Hollywood Motel offers an attractive combination of location, lodging, and residential value. Its proximity to the Pennsylvania Turnpike, Hershey, airport, and Amtrak provides multiple sources of potential demand from overnight travelers, tourists, families, workers, and business travelers. With 20 guest rooms and a separate 5-bedroom residence, the property is well suited for an owner-operator seeking to live on-site while running the motel, as well as investors looking for an established hospitality asset in an accessible and high-traffic location.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$144 USD /SF

# OF ROOMS

20

PRICE/ROOM

$60,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hollywood Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1968

PARKING SPACES

25

LAND DETAILS

LAND ACRES

5.1 AC

LAND SF

222,156 SF

ZONING

C2

APN/PARCEL ID

36-007-022

ASK ABOUT THIS PROPERTY

Shivam PatelHollywood MotelMore Info
717-939-9508

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Shivam PatelHollywood MotelMore Info
717-939-9508

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