Holiday Inn Express & Suites West Chester, PA

Listing Agents

Omari Head
T | 410.406.7259
ohead@paramountlodging.com

Sean Banilivy
T | 516.456.7525
sbanilivy@paramountlodging.com

Detailed Information
Property Highlights

UNDER CONTRACT

  • Fee-Simple Interest in the three-story, 75-room Holiday Inn Express & Suites West Chester, PA offered for purchase through a receiver sale
  • Property is being offered for sale in the March 2nd auction event on Ten-X
  • Available unencumbered of debt and management at a significant discount to replacement cost
  • Strong operational upside in purchasing out of receivership, completing the change of ownership PIP, and securing a long-term franchise agreement with IHG Hotels & Resorts
  • Subject transferred to Special Servicing in June 2020
  • Property is currently receiver managed with the receiver taking over operations in June 2021
  • Nestled within Brandywine Valley, home to the Brandywine Valley Wine Trail, and award winning wineries including Chaddsford Winery, Penns Wood Windery, and Va La Vineyards
  • Proximate to all broader Chester County and West Chester area demand including West Chester University, Cheyney University of Pennsylvania, Penn Medicine Chester County Hospital, The Vanguard Group, QVC Studio Park, Teva Pharmaceuticals, Depuy Synthes, Lavazza, and Bentley Systems
Location