76 Key-4 Story Hotel in PA
Marketing description
Experience the perfect blend of comfort and convenience at this location. Ideally located our 76-room hotel serves as the gateway to the best of Wyomissing and downtown Reading. Whether visiting for business at Reading Hospital, attending a game at the Santander Arena, or exploring the Penn State Berks campus, our guests enjoy a "stronger than highway" location that puts them minutes away from top-tier dining, retail, and entertainment.
The property features a modern, welcoming design following its 2021 renovation, offering value-conscious travelers a premium limited-service experience. Each guest room is equipped with essential conveniences including a microwave, refrigerator, and coffee maker, ensuring a home-away-from-home atmosphere.
Property Amenities & Guest Features:
•Complimentary Hot Breakfast: Start the day right with our signature free hot breakfast buffet.
•Stay Connected: High-speed Wi-Fi is available throughout the property at no additional cost.
•Recreation & Wellness: Guests can enjoy our seasonal outdoor pool and a fully equipped fitness center.
•Business Ready: On-site business center and guest laundry facilities cater to both short-term and extended-stay travelers.
•Prime Accessibility: Conveniently located near West Reading and major transit routes, with ample free self-parking for all guests.
Investment highlights
This hotel presents a compelling investment opportunity to acquire a recently renovated, 76-key limited-service hotel in one of the premier lodging nodes of the Reading market. Following a comprehensive renovation in 2021, the property has demonstrated robust operational resilience, significantly outperforming its competitive set in occupancy with a 110.3% index as of April 2026.
The investment's primary upside lies in a strategic revenue management play. While the hotel leads in occupancy, its Average Daily Rate (ADR) currently trails the competitive set significantly (69.7% index). This gap provides a clear path for a new owner to drive RevPAR growth by aligning pricing with the property's updated physical condition and superior location.
Key Investment Highlights:
•Strong Financial Performance: The property generated approximately $1.64 million in total income for 2024, maintaining a healthy 23.9% EBITDA margin.
•Recent Capital Improvements: A 2021 renovation ensures minimal immediate CapEx requirements and positions the asset to compete effectively with newer inventory.
•Strategic Location: Situated near major demand generators including Reading Hospital, Penn State Berks, and the Santander Arena, the property benefits from a diversified mix of healthcare, education, and leisure demand.
•Efficient Operations: The limited-service model, under the globally recognized Comfort Inn & Suites brand, offers a streamlined staffing structure and high operational efficiency.
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