Essington Ave Philadelphia, PA 19153

This exceptional 125-room hotel in Philadelphia, Pennsylvania, presents a lucrative investment opportunity. Located on Essington Avenue, in the 19153 zip code, this well-maintained property boasts a thriving restaurant operating under a lease agreement. The hotel features an interior corridor design and has recently undergone renovations, resulting in a beautiful and updated aesthetic. Its prime location ensures consistent occupancy and strong revenue generation. The property's assessed value exceeds $11 million, with a current asking price of $13.2 million. Financial performance demonstrates a strong 3x revenue multiple, based on a $8.5 million valuation. This represents a compelling return on investment for qualified buyers. The seller prefers cash buyers and requires a Non-Circumvention, Non-Disclosure Agreement (NCND), Proof of Funds (POF), and a Letter of Intent (LOI) before disclosing further details. The property is conveniently located near Philadelphia International Airport, contributing to its high occupancy rates and strong market position. This is a rare opportunity to acquire a well-established, high-performing hotel in a desirable location.