212-812-5700
77 Shady Ln, Carlisle, PA for Sale
Hospitality - FOR SALE
1/4
null | Request Cap Rate

77 Shady Ln
Carlisle, PA 17013


HIGHLIGHTS

  • Strategic Interstate Location
  • Offered at a Discount in High Barriers to Entry Market
  • Top Tourism Destination in the Northeast
  • Brand Conversion Opportunity with Premium Positioning

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 86-room Comfort Inn Carlisle (the “Hotel” or “Property”). The Hotel is strategically positioned on Harrisburg Pike, directly off the Pennsylvania Turnpike (Interstate 76) and its intersection with the Penn-Can Highway (I-81) in Pennsylvania's capital region. The Hotel is surrounded by Carlisle's diverse demand generators, including employers like GIANT, US Army Carlisle Barracks, Amazon, Dickinson College, Carlisle Events, and Vibra Health. This market is supported by over 14 million square feet of industrial space, 137 office tenants, and 4,254 retail buildings, all within a 5-mile radius of the Hotel. Offered unencumbered by brand and management, the 2016-built Hotel represents an attractive conversion opportunity to a brand such as Hampton Inn by Hilton for well below replacement cost (conversion PIP posted to data room). The Property was built in 2016, well above current brand standard, making it an excellent box to convert at a significant discount to replacement cost in a fundamentally strong market with real green shoots including the nearby $15B PAX-1 data center development.

FOR SALE DETAILS

PRICE

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# OF ROOMS

86

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Comfort Inn PA Turnpike I 81

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2016

PARKING SPACES

99

LAND DETAILS

LAND ACRES

10.58 AC

LAND SF

460,865 SF

ZONING

CM

APN/PARCEL ID

21-07-0467-017A

ASK ABOUT THIS PROPERTY

212-812-5700

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212-812-5700

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