1095 Wayne Ave - Hospitality FOR SALE


Chambersburg, PA 17201
$4,500,000 USD
484-538-1288
1095 Wayne Ave, Chambersburg, PA for Sale
$4,500,000 USD
Hospitality - FOR SALE
1/12
null | 9.6% Cap Rate

1095 Wayne Ave
Chambersburg, PA 17201


HIGHLIGHTS

  • Newly renovated

OVERVIEW

Prime location, newly renovated 124 rooms EconoLodge Motel for Sale in Chambersburg, PA. The hotel has a banquet hall for additional income. The property consists of 6.78 acres of Highway commercial land right of Highway 81. The property was newly renovated in 2022 with brand new roof, fire system, water heaters, flooring, painting & furniture. There would be minimum PIP for the new buyer. The property features free travel-essential amenities like WiFi, coffee, freshly prepared deluxe continental breakfast each morning and parking for compact and oversized vehicles. On sight vending machines available. Extra amenities include a guest laundry facility, hotel safe and a seasonal outdoor pool and sundeck. And you’ll always get professional service from our friendly staff and 24-hour reception. The property is located within minutes from major ware housing market and right of Highway 81 to get potential accounts to gain good business. The Seller at his own discretion could offer a lease to buy option or an owner financing option to a qualified buyer.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$49 USD /SF

# OF ROOMS

124

PRICE/ROOM

$36,290 {currency}

CAP RATE

9.6%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Econo Lodge Chambersburg

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1969

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.78 AC

LAND SF

295,337 SF

ZONING

DCH

APN/PARCEL ID

06-1E-4A

ASK ABOUT THIS PROPERTY

Vishal MehtaOne Valley RealtyMore Info
484-538-1288

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Vishal MehtaOne Valley RealtyMore Info
484-538-1288

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.