Candlewood Suites Harrisburg Hershey_Property for Sale
Candlewood Suites Harrisburg Hershey_Property for Sale

Candlewood Suites Harrisburg Hershey

413 Port View Drive, Harrisburg, PA, 17111, US

Description

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.

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Attributes

Number of units
71
Year built
2013
Building area net
42,685 sf
Land area gross
0.98 acres

Media

Investment Highlights

  1. Offered at a Discount in High Barriers to Entry Market: The acquisition of the Hotel represents an opportunity for investors to acquire a newly-transformed Hotel at pricing below replacement cost.
  2. Top Tourism Destination in the Northeast: As the capital of Pennsylvania, Harrisburg is emerging as one of the more appealing destinations in the northeast.
  3. Superb Market Fundamentals: Harrisburg offers a diverse range of demand drivers, including significant leisure attractions such as Hershey Park and the National Civil War Museum, as well as stable corporate demand drivers in the healthcare industry and state government.
  4. Absence of Lodging Supply in Harrisburg: There are no hotels in any stage of development in Downtown Harrisburg or the surrounding seven miles.
  5. 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.
Candlewood Suites Harrisburg Hershey 4_Property for Sale
Candlewood Suites Harrisburg Hershey 4_Property for Sale

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Candlewood Suites Harrisburg Hershey (0 Properties)

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Last updated
22 Jan 2026