Receiver Sale: Holiday Inn Harrisburg

Tours are available by appointment only on Tuesday, August 4th. Please reach out to the listing broker to schedule.

INVESTMENT HIGHLIGHTS

• Unencumbered Brand & Conversion Play: Sale free of brand and management lets buyers retain, rebrand, or dual-brand the 175 rooms.
• 175 Keys Just 1.2 Miles From MDT Airport: Six-story concrete hotel sits minutes from Harrisburg International Airport's terminal.
• Receivership Asset Posts Positive EBITDA: GF Hotels has generated $500,000 of EBITDA in 2025 without a PIP or major capital spend.
• 66% Fair Share Signals RevPAR Upside: Current RevPAR index trails competitive set, leaving runway via PIP and repositioning.
• Exit 247 Frontage on the PA Turnpike: Sits under 500 feet from Turnpike Exit 247, three miles south of Interstate 83 access.
• Adaptive-Reuse & Extended-Stay Optionality: Flexible layout supports multifamily, senior housing, or dual select/extended-stay conversion.

OFFERING SUMMARY

RealINSIGHT Marketplace, in partnership with CBRE, is pleased to present the Holiday Inn Harrisburg East, a 175-room, full-service hotel at 815 South Eisenhower Boulevard in Middletown, Pennsylvania. Built in 1989 and last renovated in 2018, the six-story concrete hotel sits 1.2 miles from Harrisburg International Airport and under 500 feet from I-76's Exit 247, with I-83 three miles north. The hotel entered receivership on October 3, 2025; receiver GF Hotels has since produced $500,000 of EBITDA without a PIP or major capital investment, while the property's RevPAR index sits at 66% of fair share. Sold completely unencumbered by brand and management, the asset offers buyers the flexibility to retain the Holiday Inn flag within IHG, rebrand, pursue a dual-branded select-service and extended-stay strategy, or convert the 175-key building to multifamily or senior housing. Amenities include an indoor pool, 24-hour fitness center, 6,800 SF of meeting space, on-site restaurant and bar, and complimentary airport shuttle. With Dauphin County tourism driving $4.37 billion in annual economic impact and demand generators including Hersheypark, the Pennsylvania Farm Show Complex, and the State Capitol nearby, this is a value-add repositioning opportunity in a high-barrier, dual-interstate location.
 

LOCATION PROSE

Located at 815 South Eisenhower Boulevard in Middletown, Pennsylvania, under 500 feet from Exit 247 of the I-76 Pennsylvania Turnpike and three miles south of I-83, with Harrisburg International Airport just 1.2 miles away. Hersheypark, Hershey's Chocolate World, the Pennsylvania Farm Show Complex, and the State Capitol are all within easy reach of the property.

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