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Property profile & analytics
OFF-MARKET Estimated value $4,130,000
Hotels

16 Marsanna Ln Jonestown, PA 17038-8203

26,057 SF 3.93 ac lot Built 1980
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US73-0331609
Property summary
AI-generated overview

This exceptional 52-key SureStay Plus by Best Western hotel presents a lucrative investment opportunity in Jonestown, Pennsylvania. Boasting 26,057 square feet across three floors, this 1980-built property underwent renovations in 2019. The hotel features an outdoor pool, fitness center, lobby workstation, and breakfast area, catering to a diverse clientele. A three-bedroom staff house on-site offers potential cost savings for the new owner. Its strategic location off Interstate 81 ensures high visibility and accessibility, benefiting from proximity to major demand generators. These include Fort Indiantown Gap, Hersheypark, and Hollywood Casino at Penn National Racecourse. The property's location offers easy access to Interstates 78 and 76, placing it within driving distance of major metropolitan areas like Philadelphia, Baltimore, Washington D.C., and New York City. The asking price is $4,400,000, translating to $168.86 per square foot. The 3.93-acre lot is zoned R-2. This fee-simple, non-union, and unencumbered property presents significant upside potential for revenue per available room (RevPAR) growth and strong cash flow generation. The property is less than 13 miles from Hersheypark and 2.5 miles from Fort Indiantown Gap, ensuring consistent occupancy. Harrisburg International Airport, offering flights to 17 cities, is conveniently located 21 miles away. This presents a rare opportunity to acquire a well-maintained, strategically positioned hotel with significant growth potential.

Property profile
Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1980
Total area 26,057 SF
Lot 3.93 ac (171,191 SF)
APN 33-2310622-408725-0000
UPID US73-0331609
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.22M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.13M
Owner & transaction history
V Tree Hospitality LLC · 6 yrs held
V Tree Hospitality LLC
since 2020
Last sale
$4.0M
7 recorded transactions
2020
$4.0M
2016
Price N/A
2016
$2.3M
2013
$500,000
2011
$39,485
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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