640 Fountain Rd, Plymouth Meeting, PA 19462-1306
- Hotels
- 246,048 SF
- 7.90 lot acres
Current Use by Public Records
- DoubleTree Suites by Hilton Hotel Philadelphia West / Hotel & Motel
- Five Star ATM / Atm
- Plymouth meeting executive campus Dr Schwartz / Factory / Production Facility
Property Details for 640 Fountain Rd
- Year built
- 1987
- Lot size
- 7.90 lot acres
- Zone code
- PO
- Property type
- Hotels
- Property subtype
- Motels
- APN
- 49-00-04927-00-1
- APU
- 490004927001
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 11, 2022 | $22,332,000 | Kh Ply Mtg LLC | Crvi Dts Plymouth Sub Holdo LLC | Foreclosure · related | $22M · State Bank Of Texas |
| Mar 8, 2019 | — | Rep I Pm Hotel Owner LP | — | Deed · related | — |
| May 3, 2016 | — | Arep I Pm Hotel Owner LP | — | Deed · related | $30.7M · Pccp Credit Vi Reit Sub Holdco LLC Pccp Credit Vi Reit Sub Holdco LLC |
| Jul 11, 2013 | $26,746,000 | Arep I Pm Hotel Owner LP | Jpmcc 2007-cibc19 Germantown L | Grant Deed | — |
| Apr 4, 2013 | $2,184 | 2007-cibc19 Germantown L Jpmcc | Sheriff Of Montgomery County | Trustees Deed · related | — |
| Feb 1, 2012 | $2,184 | Jpmcc 2007-cibc19 Germantown L | Sheriff Of Montgomery County | Trustees Deed · related | — |
| Mar 20, 2008 | $34,469,427 | Meeting Crescent Hote Plymouth | Lof Plymouth Meeting | Grant Deed | — |
| Aug 27, 2007 | — | Bk NA Lasalle | Jpmorgan Chase Bank NA | Grant Deed · related | — |
| May 17, 2007 | $46,000,000 | Plymouth Meeting Crescent Hotel LP | Lodging Og II LLC | Deed | — |
| — | — | Rep I Pm Hotel Owner LP | — | Loan Modification · related | — |
| — | — | Arep I Pm Hotel Owner LP | — | Deed Of Trust · related | $28M · Starwood Prop Mtg Sub-6-a LLC |
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $23,115,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $25,325,000
- 6.5%
- $23,375,000
- 7%
- $21,705,000
-
Alternative Use
- Use
- Estimation
- HOTEL/MOTEL
- $18,625,000 Current use
- COMMERCIAL (GENERAL)
- $28,230,000 Change: +52% Conversion: Difficult
- RESTAURANT
- $23,750,000 Change: +28% Conversion: Difficult
- RETAIL STORES
- $22,485,000 Change: +21% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $20,570,000 Change: +10% Conversion: Difficult
- MEDICAL BUILDING
- $20,385,000 Change: +9% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Plymouth Meeting
- County
- Montgomery
- State
- Pennsylvania
- Longitude
- -75.2823
- Latitude
- 40.12
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA