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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

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

PROPERTY TAXES

Parcel Number
42-005-0001.0100
Land Assessment
$56,560
Improvements Assessment
$0
Total Assessment
$56,560

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 33445172

  • Date on Market: 10/8/2024

  • Last Updated:

  • Address: 45 Morehall Rd, Malvern, PA 19355

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