The Springhill Suites in Plymouth Meeting at 430 Plymouth Road in Plymouth Meeting (Plymouth Township) has been offered for acquisition through a lender/receiver sale.
From the website promoting the sale:
The SpringHill Suites Philadelphia Plymouth Meeting is being sold through a Lender / Receiver Sale, offering significant value to an investor. Upon sale a free and clear title will be issued to a new buyer.
The SpringHill Suites Philadelphia Plymouth Meeting is currently brand managed by Marriott. Upon sale, the opportunity exists for a new owner to convert to a franchise model, presenting a rare and unique ability to streamline management services, reduce expenses, and increase cash flow substantially.
The SpringHill Suites Philadelphia Plymouth Meeting is being offered below replacement cost, presenting a compelling opportunity for a Buyer to acquire the asset in a high-traffic retail corridor outside of Philadelphia, where over 92 million vehicles pass through the I-476 and I-276 intersection annually. This strategic location puts the asset in proximity to a diverse array of demand drivers, ensuring long-term revenue potential and highlighting the Hotel’s value for the next owner.
The property is listed by Hunter Hotel Advisors.
Photo: Hunter Hotel Advisors