
TownePlace Suites Harrisburg Hershey
450 Friendship Road, Harrisburg, PA, 17111, US
107 單位
JLL’s Hotels & Hospitality Group, as sole and exclusive agent for the owner, has been retained to offer for sale the fee simple interest in the 71-room Candlewood Suites Harrisburg-Hershey (the “Hotel” or “Property”). Strategically positioned off Interstate-83 along North Harrisburg Street, the Hotel benefits from Harrisburg's diverse demand generators including state government operations and premier healthcare facilities like UPMC Harrisburg and Penn State Health's expanding campuses, all within close proximity.
Additionally, the Hotel is directly across from the former Harrisburg Mall which is being transformed into the Swatara Exchange, a comprehensive 60-acre mixed-use business community beginning construction in spring 2026. The $20+ million development will ultimately deliver over 550,000 square feet of commercial space across 12 new buildings, creating substantial employment opportunities and driving increased business travel demand, providing new ownership the opportunity to capitalize on both construction-phase activity and long-term commercial growth.
Offered unencumbered by management, the fee-simple Hotel represents an attractive investment in one of Pennsylvania’s most economically dynamic cities positioning it well for sustained growth and profitability. he extended-stay asset caters perfectly to the area's government, healthcare, and rapidly expanding logistics sectors, which generate consistent room nights throughout the year while benefiting from Harrisburg's position within a one-day drive of 40% of the U.S. population. This acquisition represents a compelling opportunity to own a consistently performing, premium branded asset with clear value-add potential, at a discount to replacement cost.


