212-812-5700
231 Walker Rd, Chambersburg, PA for Sale
Hospitality - FOR SALE
1/5
null | Request Cap Rate

231 Walker Rd
Chambersburg, PA 17201


HIGHLIGHTS

  • Discount to Replacement Cost
  • Absence of Lodging Supply in Chambersburg
  • Premium Extended Stay Sector Growth
  • Fee simple hotel offering unencumbered by management and debt
  • Compelling Economic Fundamentals
  • Strategic Market Positioning

OVERVIEW

JLL's Hotels & Hospitality Group, as sole and exclusive agent for Summary of facilities and amenities the owner, has been retained to offer for sale the fee simple interest in the 70-key Candlewood Suites Chambersburg (the "Hotel" or "Property"). Strategically positioned along the I-81 corridor with excellent highway access, this IHG-branded extended stay asset benefits from Chambersburg's emerging status as a premier data center and logistics hub while serving the diverse accommodation needs of the greater Cumberland Valley region. The Chambersburg market presents compelling economic fundamentals driven by Pennsylvania's aggressive data center incentives, significantly lower power and land costs compared to Northern Virginia, and robust fiber optic infrastructure along the I-81 corridor supporting proximity to major metropolitan areas including Baltimore, Washington D.C., and Philadelphia. This acquisition represents an exceptional value-add opportunity as the Hotel will be offered unencumbered by management agreements, allowing a new owner-operator to implement strategic operational enhancements and aggressive revenue management strategies without the need for a PIP. A new owner will acquire a well-constructed extended stay asset offered at a significant discount to replacement cost in a market with zero competing development pipeline. The absence of meaningful new lodging supply in Chambersburg, combined with the premium extended stay sector's proven resilience and superior gross operating profit margins, creates an ideal environment for market share recapture within this strategically important Mid-Atlantic corridor.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

70

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Candlewood Suites Chambersburg

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

2011

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.33 AC

LAND SF

101,495 SF

ZONING

COM

APN/PARCEL ID

03-1C00-167B-000000

ASK ABOUT THIS PROPERTY

212-812-5700

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212-812-5700

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