| Recently renovated, 2012-vintage hotel with minimum going - in capital required offered at a highly attractive basis at less than half of replacement |
| Newest hotel in the competitive set with a favorable supply story |
| Proven historical performance with significant market share upside in a submarket with fully recovered RevPAR |
| Long-term ground-lease expiring July 2109 with diminutive annual rent payments ($63k as of TTM September) |
| Non-union, select-service lodging asset offered unencumbered of management with substantial cash-flow/operational efficiency upside |
| AUCTION SITE: https://rimarketplace.com/auction/2307/lender-owned-la-quinta-harrisburg-hershey?utm_source=costar |
Kyle Stevenson
Berkadia Investment Services
