212-516-8149
1715 Plaza Ln, Allentown, PA for Sale
Hospitality - FOR SALE
1/5
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1715 Plaza Ln
Allentown, PA 18104


HIGHLIGHTS

  • Turnkey asset following a comprehensive, two-phase, property-wide renovation and expansion completed in 2021
  • In-place cash flow, generating $3.1M in total revenue and $806,500 in NOI at a 25.7% NOI margin as of year-end 2025
  • Strong market positioning, concluding 2025 with a $105 RevPAR, representing a 171% RevPAR index relative to the competitive set
  • Strategically located proximate to major leisure destinations such as Dorney Park & Wildwater Kington, Crayola Experience, and Coca-Cola Park
  • More than $1 billion in public and private real estate investment in Downtown Allentown over the last decade
  • Robust corporate demand base comprised of key industrial employers and corporate offices, including Air Products’ HQ and PPL Corporation’s HQ

OVERVIEW

Hunter Advisors has been exclusively engaged to solicit offers for the purchase of the 79-room, 4-story Holiday Inn Express Allentown North (the “Hotel” or “Property”). Located at 1715 Plaza Lane in Allentown, Pennsylvania, the Hotel offers investors an opportunity to acquire a market-leading, well-performing, institutional-quality asset in the heart of Pennsylvania’s Lehigh Valley – one of the state’s most dynamic and economically diverse regions.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

79

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn Express Allentown North

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1978

PARKING SPACES

71

LAND DETAILS

LAND ACRES

1.85 AC

LAND SF

80,586 SF

ZONING

HC

APN/PARCEL ID

549717815259-1

ASK ABOUT THIS PROPERTY

Spencer DavidsonHunter Hotel AdvisorsMore Info
212-516-8149

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Spencer DavidsonHunter Hotel AdvisorsMore Info
212-516-8149

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