Candlewood Suites Chambersburg _Property for Sale
Candlewood Suites Chambersburg _Property for Sale

Candlewood Suites Chambersburg

231 Walker Road, Chambersburg, PA, 17201, US

Description

JLL's Hotels & Hospitality Group, as sole and exclusive agent for Summary of facilities and amenities the owner, has been retained to offer for sale the fee simple interest in the 70-key Candlewood Suites Chambersburg (the "Hotel" or "Property"). Strategically positioned along the I-81 corridor with excellent highway access, this IHG-branded extended stay asset benefits from Chambersburg's emerging status as a premier data center and logistics hub while serving the diverse accommodation needs of the greater Cumberland Valley region. The Chambersburg market presents compelling economic fundamentals driven by Pennsylvania's aggressive data center incentives, significantly lower power and land costs compared to Northern Virginia, and robust fiber optic infrastructure along the I-81 corridor supporting proximity to major metropolitan areas including Baltimore, Washington D.C., and Philadelphia.


This acquisition represents an exceptional value-add opportunity as the Hotel will be offered unencumbered by management agreements, allowing a new owner-operator to implement strategic operational enhancements and aggressive revenue management strategies without the need for a PIP. A new owner will acquire a well-constructed extended stay asset offered at a significant discount to replacement cost in a market with zero competing development pipeline. The absence of meaningful new lodging supply in Chambersburg, combined with the premium extended stay sector's proven resilience and superior gross operating profit margins, creates an ideal environment for market share recapture within this strategically important Mid-Atlantic corridor.

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Attributes

Number of units
70
Year built
2011

Media

Investment Highlights

  1. Discount to Replacement Cost: The acquisition of the Hotel represents an opportunity for investors to acquire a well-constructed, upper midscale Hotel at pricing below replacement cost.
  2. Absence of Lodging Supply in Chambersburg: There are no hotels in any stage of development in Chambersburg.
  3. Premium Extended Stay Sector Growth: The extended stay hotel sector has undergone significant evolution and growth over the past two decades, with a convergence of offerings and increased market share.
  4. Fee simple hotel offering unencumbered by management and debt: The Candlewood Suites Chambersburg presents an opportunity to acquire a select service asset as fee simple.
  5. Compelling Economic Fundamentals: The economic fundamentals driving investment in this corridor are exceptionally compelling, with land availability at a fraction of Northern Virginia costs and abundant developable tracts suitable for hyperscale operations.
  6. Strategic Market Positioning: Central Pennsylvania's I-81 corridor spanning Mechanicsburg, Chambersburg, and Shippensburg has emerged as the premier alternative to Northern Virginia's saturated and expensive data center market.
  7. Immediate Cash Flow Opportunity with No PIP Required: The Hotel presents an exceptional investment opportunity with its move in ready condition, eliminating the typical capital expenditure burden associated with mandatory Property Improvement Plans.
Candlewood Suites Chambersburg  4_Property for Sale
Candlewood Suites Chambersburg  4_Property for Sale

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Candlewood Suites Chambersburg (0 Properties)

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Last updated
20 Jan 2026