Hotel Worthington 45 Morehall Rd 152 Room Hotel Malvern, PA 19355 For Sale
EXECUTIVE SUMMARY
Matthews Road Associates L.P. and Arrowmink Real Estate Advisors are pleased to present an exciting ready-to-build extended-stay suites hotel development opportunity in a highly sought-after location surrounded by in-place demand. The fully approved development consists of a 153-unit hotel extended stay hotel on an outstanding 6.42-acre site in Malvern, PA. The site is strategically positioned along Route 202, contiguous to The Vanguard Group’s 87-acre global headquarters, and Uptown Worthington, the 1.1 million square foot mixed-use urban retail & residential village. The site boasts remarkable visibility and accessibility to over 70,000 passing vehicles daily. With Vanguard's headquarters hosting between 12,000-14,000 employees and visitors weekly, there exists a lucrative market for hospitality services in this thriving location, including extended stay suites.
PROPERTY FACTS
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 6.57 AC |
| Construction Status | Proposed |
| Building Size | 60,000 SF |
| No. Rooms | 152 |
| No. Stories | 5 |
| Year Built | 2028 |
| Tenancy | Single |
| Corridor | Interior |
| Zoning | Commercial |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 152 | $175.00 | - |
PROPERTY TAXES
| Parcel Number | 42-005-0001.0100 | Improvements Assessment | $0 |
| Land Assessment | $56,560 | Total Assessment | $56,560 |
CONTACT
-
Joe Corcoran -
Arrowmink Real Estate Advisors
