deal image
4751 Lindle RdHarrisburg, PA 17111
Red Lion Harrisburg Hershey - Bank Controlled Sale
Asset ClassHotel & Hospitality, Multifamily, Special Purpose
Deal Size$14 M
Returned To Market - Price: $14,000,000
overview of deal

Overview

Avison Young has been retained as exclusive listing agent to solicit offers from prospective buyers for the purchase of the Red Lion Hotel Harrisburg Hershey Hotel (hereinafter “Property” or “Hotel”), a full-service hotel located at 4751 Lindle Road in Harrisburg, Pennsylvania. The Property is easily accessible near Interstate 283 and just five miles from Harrisburg International Airport. The Hotel is near area attractions such as the Hollywood Casino, Penn State College of Medicine, Harrisburg University of Science & Technology, Hershey Park, the National Civil War Museum, Gettysburg Battlefield, Lancaster Amish Country, and more. Dining, shopping, and entertainment options with unique and sophisticated offerings are within a few miles of the Hotel. The largest employers in the area include Milton S. Hershey Medical Centre, The Hershey Company, Hershey Entertainment & Resorts Co., UPMC Pinnacle Hospitals, United Parcel Service Inc., Pennsylvania State University, Penn State Health, Exel Inc., and others.

 

The Property is a two, three, and four-story, interior corridor hotel which has an onsite restaurant, three pools (outdoor, indoor, and jetted tub), all-sports court, fitness center, business center, game room, and hotel-wide wireless internet access. The Property offers 274 guestrooms with king and queen beds. Guestroom amenities include a flat screen television, work desk with ergonomic chair, refrigerator, microwave, coffee maker, and wireless internet.

Access the Data Room

Investment Highlights

  • 274 non-smoking guestrooms
  • Two, three, and four-story, interior corridor structure
  • Good candidate for dual or triple brand option
  • Nine miles from Three Mile Island
  • Located near Hollywood Casino, Penn State College of Medicine, Harrisburg University of Science & Technology, and Hershey Park
deal gallery image
deal gallery image
deal gallery image
4751 Lindle RdHarrisburg, PA 17111

Inquire

Listing provided by LightBox Revere