Receiver Sale: Holiday Inn Harrisburg

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.

Description:

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.


For more information:
https://rimarketplace.com/auction/3246/hospitality/middletown/pa?utm_source=brevitas&utm_medium=listing_paid&utm_campaign=august19_2026&utm_content=hospitality_3246

Bidding Opens
Aug 18, 2026 12:00 AM
Bidding Ends
Aug 20, 2026 12:00 AM