707 E Lancaster Ave | Frazer, PA 19355
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- LoopNet Team
707 E Lancaster Ave
Frazer, PA 19355
Sheraton Great Valley Hotel · Hospitality Property For Sale
·
126,766 SF
INVESTMENT HIGHLIGHTS
- Strong historic revenues, historically a +$90 RevPAR, Institutional Grade Asset.
- Offered well below replacement cost.
- Marriott brand affiliation.
- Surrounded by diverse demand generators – corporate, SMERF, leisure.
- No new supply within five-mile radius.
- Offered unencumbered by management.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 5 |
| Property Subtype | Hotel | Year Built/Renovated | 1990/2015 |
| Building Class | B | Parking Ratio | 1.24/1,000 SF |
| Lot Size | 4.02 AC | Corridor | Interior |
| Building Size | 126,766 SF | ||
| Zoning | C2 - Community Commercial District | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 4.02 AC |
| Building Size | 126,766 SF |
| No. Stories | 5 |
| Year Built/Renovated | 1990/2015 |
| Parking Ratio | 1.24/1,000 SF |
| Corridor | Interior |
| Zoning | C2 - Community Commercial District |
AMENITIES
- Fitness Center
- Pool
- Restaurant
- Room Service
- Shuttle Service
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Digital key
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $6,771,005 | |
| Land Assessment | $1,170,436 | Total Assessment | $7,941,442 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,170,436
Improvements Assessment
$6,771,005
Total Assessment
$7,941,442
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