707 E Lancaster Ave | Frazer, PA 19355
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707 E Lancaster Ave
Frazer, PA 19355
Sheraton Hotel Great Valley · 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 | 0.02/1,000 SF |
| Lot Size | 5.23 AC | Corridor | Interior |
| Building Size | 126,766 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 5.23 AC |
| Building Size | 126,766 SF |
| No. Stories | 5 |
| Year Built/Renovated | 1990/2015 |
| Parking Ratio | 0.02/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- 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
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $7,157,350 | |
| Land Assessment | $1,237,220 | Total Assessment | $8,394,570 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,237,220
Improvements Assessment
$7,157,350
Total Assessment
$8,394,570
zoning
| Zoning Code | ROC |
| ROC |
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