
TownePlace Suites Harrisburg Hershey
450 Friendship Road, Harrisburg, PA, 17111, US
107 units
JLL’s Hotels & Hospitality Group is pleased to offer for sale the fee simple interest in the 107-room Home2 Suites Ephrata. Built in 2020 with minimal CapEx needs, the Hotel penetrates its competitive set by 148%, reaching $141.95 RevPAR in April 2026 TTM while competing hotels exceed $110 RevPAR. The Property is part of Ephrata Crossing, a new retail shopping center featuring Jersey Mike’s, Chipotle, Panera Bread, with Dunkin’ and Popeyes under construction.
Strategically positioned with no new supply within a 10-mile radius, the Hotel benefits from proximity to WellSpan Health—one of the largest integrated health systems in south central Pennsylvania—with WellSpan Ephrata Community Hospital just 2.4 miles away. The nearby Green Dragon Farmers Market, operating since 1932, draws visitors from across the mid-Atlantic region every Friday with over 400 vendors across 60 acres. The Property also enjoys excellent interstate access to Lancaster’s tourism district, major employment centers, and regional attractions.
This offering represents an excellent opportunity to acquire an institutional quality, premium branded hotel at an attractive cap rate. The Property is being offered unencumbered of management, with PIP-required renovations positioned to further enhance the Hotel’s exceptional cash flow and market-leading performance.


