212-812-5700
413 Port View Dr, Harrisburg, PA for Sale
Hospitality - FOR SALE
1/8
null | Request Cap Rate

413 Port View Dr
Harrisburg, PA 17111


HIGHLIGHTS

  • Offered at a Discount in High Barriers to Entry Market
  • Top Tourism Destination in the Northeast
  • Superb Market Fundamentals
  • Absence of Lodging Supply in Harrisburg
  • Premium extended stay sector growth

OVERVIEW

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 71-room Candlewood Suites Harrisburg-Hershey (the “Hotel” or “Property”). Strategically positioned off Interstate-83 along North Harrisburg Street, the Hotel benefits from Harrisburg's diverse demand generators including state government operations and premier healthcare facilities like UPMC Harrisburg and Penn State Health's expanding campuses, all within close proximity. Additionally, the Hotel is directly across from the former Harrisburg Mall which is being transformed into the Swatara Exchange, a comprehensive 60-acre mixed-use business community beginning construction in spring 2026. The $20+ million development will ultimately deliver over 550,000 square feet of commercial space across 12 new buildings, creating substantial employment opportunities and driving increased business travel demand, providing new ownership the opportunity to capitalize on both construction-phase activity and long-term commercial growth. 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. he extended-stay asset caters perfectly to the area's government, healthcare, and rapidly expanding logistics sectors, which generate consistent room nights throughout the year while benefiting from Harrisburg's position within a one-day drive of 40% of the U.S. population. This acquisition represents a compelling opportunity to own a consistently performing, premium branded asset with clear value-add potential, at a discount to replacement cost.

FOR SALE DETAILS

PRICE

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# OF ROOMS

71

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Candlewood Suites Harrisburg Hershey

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2013

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.01 AC

LAND SF

87,468 SF

ZONING

C

APN/PARCEL ID

63-027-310

ASK ABOUT THIS PROPERTY

212-812-5700

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212-812-5700

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