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.
- Turnkey asset following a comprehensive, two-phase, property-wide renovation and expansion completed in 2021 totaling $4.6 million ($58,200 per key), including full interior and exterior redevelopment, new FF&E, upgraded building systems, and the addition of a 2,582 SF indoor pool, fitness center, and conference facility
- 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, Coca-Cola Park, and the Lehigh Valley Mall
- 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, PPL Corporation’s HQ, CrossAmerica Partners’ HQ, and more than 700 manufacturers in Lehigh Valley
