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Holiday Inn Express & Suites Shippensburg 120 Walnut Bottom Rd 72 Room Hotel Shippensburg, PA 17257 For Sale

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Investment Highlights

  • Strategic Market Positioning
  • Long-term leasehold hotel offering unencumbered by management and debt
  • Resilient Lodging Market
  • Discount to Replacement Cost
  • Highly Desirable IHG Brand Affiliation
  • Transformational Development Pipeline

Executive Summary

JLL's Hotels & Hospitality Group, as sole and exclusive agent for the owner, has been retained to offer for sale the leasehold interest in the 72-room Holiday Inn Express & Suites Shippensburg (the "Hotel" or "Property"). Strategically positioned along Central Pennsylvania's I-81 corridor with direct interstate access, this premier IHG branded asset benefits from the region's emergence as the leading alternative to Northern Virginia's saturated data center market, capturing substantial overflow demand from companies seeking cost-effective expansion opportunities without sacrificing connectivity or performance requirements. The transformational development pipeline features multi-gigawatt campus developments by specialized companies like Quantum Loophole, creating master-planned data center communities designed to accommodate hyperscale cloud providers and AI infrastructure growth.
This acquisition represents a compelling value-add opportunity as the Hotel will be offered unencumbered by management agreements, allowing a new owner/operator to revamp operational strategies and implement strategic cost control initiatives for the first time. A new owner will acquire an excellently positioned asset offered at a significant discount to replacement cost, benefiting from the highly desirable IHG brand affiliation while capitalizing on the region's role as a critical component of America's national digital infrastructure that generates sustained demand for supporting hospitality services within this rapidly transforming Carlisle/Mechanicsburg submarket. Please note the ground lease is owned by the Seller-related entity building the Tru by Hilton next door. A portfolio offer on both hotels would allow for fee simple ownership of both.

Property Facts

Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 5.47 AC
Building Size 50,489 SF
No. Rooms 72
No. Stories 3
Year Built 2015
Parking Ratio 1.1/1,000 SF
Corridor Interior
Zoning CM

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 13 $237.53 CAD -
Guest Room 59 $207.50 CAD -

Property Taxes

Property Taxes

Parcel Number
36-33-1873-004
Land Assessment
$552,013 CAD
Improvements Assessment
$3,123,373 CAD
Total Assessment
$3,675,386 CAD
  • Listing ID: 39507886

  • Date on Market: 2026-02-20

  • Last Updated:

  • Address: 120 Walnut Bottom Rd, Shippensburg, PA 17257

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