Candlewood Suites Chambersburg For
For Sale
Contact for pricing
Pending
231 Walker Rd, Chambersburg, PA 17201
70-key hotel with value-add opportunity in Chambersburg, PA.
Property SizeContact for details
Days on Market185
Property Features for 231 Walker Rd
General Information
Standard status
Pending
Property subtype
Hospitality
Building Details
Year Built
2011
Listing Agency:
JLL - New York City, New York
(202) 719-5000
Listed By:
Vasilis Halakos · License #RS370416
Source:
Crexi
Added: Feb 20
Changed: Aug 8
Last Checked: Aug 24 at 12:47PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL - New York City, New York
Investment Insights
Based on property information with market context.
The Candlewood Suites Chambersburg, a 70-key hotel, is available for sale. Situated along the I-81 corridor, the IHG-branded extended stay property benefits from its location in Chambersburg, an emerging data center and logistics hub. The area's economic fundamentals are driven by Pennsylvania's data center incentives, lower power and land costs compared to Northern Virginia, and fiber optic infrastructure along the I-81 corridor, providing access to Baltimore, Washington D.C., and Philadelphia. The acquisition represents a value-add opportunity, as the hotel is offered unencumbered by management agreements, allowing for operational enhancements and revenue management strategies without a PIP. The property is offered at a discount to replacement cost in a market with no competing development pipeline. The absence of new lodging supply in Chambersburg, combined with the extended stay sector's resilience and gross operating profit margins, creates an environment for market share recapture within the Mid-Atlantic corridor. The property is strategically positioned with excellent highway access and serves the accommodation needs of the Cumberland Valley region.
Key Highlights
- Strategic location along the I‑81 corridor in Chambersburg, a growing data center and logistics hub.
- Unencumbered by management agreements, offering immediate operational control and revenue management flexibility.
- Significant discount to replacement cost in a market with no competing development pipeline.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
735
Businesses Nearby
Explore this area
Business Placement
Demographics for 17201, PA
27,556
Population
12,749
Households
2.2
Avg Household Size
39
Median Age
28%
College-Educated
91%
High-School Grad
19.1 sq mi
ZIP Area
1,443
Density / Sq Mi
$59,645
Median Household Income
$42,500
Median Earnings
$1,109
Median Rent
$206,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - 70-key hotel with value-add opportunity in Chambersburg, PA.
Where is this hotel located?
The property is located at 231 Walker Rd Chambersburg, PA.
What are key features of this property?
This property features: Strategic location along the I‑81 corridor in Chambersburg, a growing data center and logistics hub.; Unencumbered by management agreements, offering immediate operational control and revenue management flexibility.; Significant discount to replacement cost in a market with no competing development pipeline.
