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Executive Summary
Matthews Road Associates L.P. and Arrowmink Real Estate Advisors are pleased to present an exciting ready-to-build extended-stay suites hotel development opportunity in a highly sought-after location surrounded by in-place demand. The fully approved development consists of a 153-unit hotel extended stay hotel on an outstanding 6.42-acre site in Malvern, PA. The site is strategically positioned along Route 202, contiguous to The Vanguard Group’s 87-acre global headquarters, and Uptown Worthington, the 1.1 million square foot mixed-use urban retail & residential village. The site boasts remarkable visibility and accessibility to over 70,000 passing vehicles daily. With Vanguard's headquarters hosting between 12,000-14,000 employees and visitors weekly, there exists a lucrative market for hospitality services in this thriving location, including extended stay suites.
Property Facts
| Sale Type | Investment | Building Size | 60,000 SF |
| Property Type | Hospitality | No. Rooms | 152 |
| Property Subtype | Hotel | No. Stories | 5 |
| Building Class | B | Year Built | 2028 |
| Lot Size | 6.57 AC | Tenancy | Single |
| Construction Status | Proposed | Corridor | Interior |
| Zoning | Commercial | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 6.57 AC |
| Construction Status | Proposed |
| Building Size | 60,000 SF |
| No. Rooms | 152 |
| No. Stories | 5 |
| Year Built | 2028 |
| Tenancy | Single |
| Corridor | Interior |
| Zoning | Commercial |
Amenities
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 152 | $237.47 CAD | - |
Property Taxes
| Parcel Number | 42-005-0001.0100 | Improvements Assessment | $0 CAD |
| Land Assessment | $76,752 CAD | Total Assessment | $76,752 CAD |
Property Taxes
Parcel Number
42-005-0001.0100
Land Assessment
$76,752 CAD
Improvements Assessment
$0 CAD
Total Assessment
$76,752 CAD
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Hotel Worthington | 45 Morehall Rd
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