AMERICUS UNSCRIPTED HOTEL BY HYATT — Sale in Allentown, PA

  • Price: $45M
  • Listing type: For sale
  • Asset type: Hospitality Business
  • Location: Allentown, PA 18101
  • Size: 185,000 SF
  • Year built: 1927

Investment Figures

Cap rate
5.12%
Price per square foot
$243

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

This is the Americus Unscripted By Hyatt Hotel in downtown Allentown. The asset boast 135 keys with almost a third being extended stay. Introducing 555 Hamilton Street, a prime investment opportunity for the savvy Hospitality / Limited Service investor. This 135,604 SF building, nestled in the heart of Allentown, PA, presents a wealth of potential. Boasting a sought-after location and ample space, this property provides a solid foundation for a lucrative venture. With its strategic positioning and expansive square footage, the possibilities are boundless. The building is also on the national historic registry, has a roof top lounge and fifty five rooms come with their own kitchens for extended stay. The property is located in the neighborhood improvement zone (NIZ) which allows ownership for an average refund of ten (10%) on state and local taxes. Building SF: 185000 | Land Size: 21432.0 SF | Year Built: 1927 | Listing Type: FOR SALE

Market Context

This hospitality in Allentown, PA is listed for sale at $45,000,000 across 185,000 SF. It is offered at an approximate 5.1% capitalization rate, a key benchmark for income-producing hospitality assets. The building dates to 1927. It has been on the market for 30 days. Compare it against other hospitality listings for sale in Allentown, PA — view the full market.

Contact

Explore this market

Similar Hospitality Business for Sale in Allentown, PA