SureStay Plus Hotel by Best Western Jonestown | 16 Marsanna Ln
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
SureStay Plus Hotel by Best Western Jonestown 16 Marsanna Ln
52 Room Hotel Jonestown, PA 17038 $4,400,000 ($84,615/Room)
INVESTMENT HIGHLIGHTS
- Fee simple, non-union and unencumbered of management
- Immediate RevPAR appreciation upside to position the property inline with Compset
- Excellent location off Interstate 81 | Proximity to all local demand generators and major interstates
- Significant discount to replacement cost
- Lean limited-service operating model with potential for exceptional cash-flow generation
- 2.5 miles to Fort Indiantown Gap, the busiest National Guard training center in the United States
EXECUTIVE SUMMARY
Besen Partners Hotel Advisory Group is pleased to offer the fee-simple interest in the SureStay Plus by Best Western Jonestown Lebanon located at 16 Marsanna Lane, Jonestown, PA 17038. This limited-service hotel consists of 52 interior corridor guestrooms spread over three floors along with an outdoor pool, lobby workstation, exercise room, and a breakfast dining area. Also located on the site is a three-bedroom house that currently houses staff, allowing a new owner to streamline and lower expenses on staffing. The site sits right off Interstate 81, allowing high visibility and signage expose to travelers.
Strategically located off Interstate 81, this property benefits from its proximity to Fort Indiantown Gap, headquarters for the Pennsylvania Department of Military and Veterans Affairs and the Pennsylvania National Guard which provide significant room nights. Leisure demand is generated by the proximity to the largest amusement park in Pennsylvania, Hershey Park which averages over 3 million visitors a year. Hollywood Casino at Penn National Racecourse is also a couple minutes away. Interstates 81, 78, and 76 run through the county, providing an hour and a half drive to Philadelphia and Allentown, a two-hour drive to Baltimore and Washington D.C, and less than three hours from New York City. It also provides a thoroughfare from Canada to the northeast corner of Tennessee.
Strategically located off Interstate 81, this property benefits from its proximity to Fort Indiantown Gap, headquarters for the Pennsylvania Department of Military and Veterans Affairs and the Pennsylvania National Guard which provide significant room nights. Leisure demand is generated by the proximity to the largest amusement park in Pennsylvania, Hershey Park which averages over 3 million visitors a year. Hollywood Casino at Penn National Racecourse is also a couple minutes away. Interstates 81, 78, and 76 run through the county, providing an hour and a half drive to Philadelphia and Allentown, a two-hour drive to Baltimore and Washington D.C, and less than three hours from New York City. It also provides a thoroughfare from Canada to the northeast corner of Tennessee.
DATA ROOM Click Here to Access
- DD
PROPERTY FACTS
| Price | $4,400,000 | Building Size | 26,057 SF |
| Price Per Room | $84,615 | No. Rooms | 52 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1980/2019 |
| Property Subtype | Hotel | Parking Ratio | 2.3/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 3.93 AC |
| Price | $4,400,000 |
| Price Per Room | $84,615 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.93 AC |
| Building Size | 26,057 SF |
| No. Rooms | 52 |
| No. Stories | 3 |
| Year Built/Renovated | 1980/2019 |
| Parking Ratio | 2.3/1,000 SF |
| Corridor | Interior |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 52 | $81.00 | - |
1 of 1
PROPERTY TAXES
| Parcel Number | 33-2310622-408725-0000 | Improvements Assessment | $2,526,700 |
| Land Assessment | $473,300 | Total Assessment | $3,000,000 |
PROPERTY TAXES
Parcel Number
33-2310622-408725-0000
Land Assessment
$473,300
Improvements Assessment
$2,526,700
Total Assessment
$3,000,000
ZONING
| Zoning Code | R2 |
| R2 |
1 of 15
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
SureStay Plus Hotel by Best Western Jonestown | 16 Marsanna Ln
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.