530 Pennsylvania Ave, Fort Washington, PA 19034-3304
- Hotels
- 113,531 SF
- 8.15 lot acres
Current Use by Public Records
- Hilton Garden Inn Philadelphia/Ft. Washington / Hotel & Motel
Property Details for 530 Pennsylvania Ave
- Year built
- 1964
- Lot size
- 8.15 lot acres
- Zone code
- CRL
- Property type
- Hotels
- Property subtype
- Motels
- APN
- 65-00-08785-00-6
- APU
- 650008785006
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 13, 2023 | $11,050,000 | Ft Washington Enterprises LLC | Ft Washington Hospitality Partners | Deed | $12.5M · Interbank |
| May 18, 2017 | $19,683 | Ft Washington Hospitality Ptrs | Phl Hotel Partners LLC | Grant Deed | — |
| Oct 9, 2013 | $16,400,000 | Phl Hotel Partners LLC | Mg-ft Washington LLC | Grant Deed | — |
| May 19, 2008 | — | Cnty Water Bucks | Presidential Holdings LLC | Grant Deed · related | — |
| Mar 29, 2007 | — | Mg-ft Washington LLC | — | Deed Of Trust · related | $12.8M · Cwcapital LLC |
| Jun 16, 2006 | — | Mg Ft Washington LLC | Owner,record | Grant Deed · related | — |
| Mar 6, 2006 | $6,000,000 | Mcsam Philly LLC | Presidential Holding LLC | Deed | — |
| Mar 9, 2004 | — | Penna Dept Trans | Presidential Holdi LLC | Grant Deed · related | — |
| Jul 30, 2002 | $3,300,000 | Presidential Holding LLC | Marvin,k Tr | Grant Deed | $2M · Titan Management LP |
| Dec 16, 1999 | — | 126 Hotel Corp | — | Grant Deed · related | $260k · Titan Management LP |
| Aug 25, 1998 | $3,721,660 | 126 Hotel Corp | Miller,david S | Grant Deed | $4M · Titan Management LP |
| — | — | Phl Hotel Partners LLC | — | Deed Of Trust · related | $13.8M · Bank Of America |
| — | — | Mg- Ft Washington LLC | — | Deed Of Trust · related | $12.8M · Wells Fargo Bank NA #i (ce) |
| — | — | Presidential Holdi LLC | — | Deed Of Trust · related | $8M · Shanghai Commercial |
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $11,995,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $11,685,000
- 6.5%
- $10,785,000
- 7%
- $10,015,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $11,993,000
Market price range: $4.17M - $12.0M -
Alternative Use
- Use
- Estimation
- HOTEL/MOTEL
- $8,595,000 Current use
- AUTO REPAIR, GARAGE
- $18,095,000 Change: +111% Conversion: Difficult
- OFFICE BUILDING
- $14,570,000 Change: +70% Conversion: Difficult
- RESTAURANT
- $10,960,000 Change: +28% Conversion: Difficult
- RETAIL STORES
- $10,375,000 Change: +21% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $9,490,000 Change: +10% Conversion: Difficult
- MEDICAL BUILDING
- $9,405,000 Change: +9% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $8,970,000 Change: +4% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Fort Washington
- County
- Montgomery
- State
- Pennsylvania
- Longitude
- -75.2048
- Latitude
- 40.1322
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA