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Ramada by Wyndham Pittsburgh/New Stanton 127 W Byers Ave

135 Room Hotel New Stanton, PA 15672 £2,506,560 (£18,567/Room)

Investment Highlights

  • 135-room, 3-story interior corridor hotel offering substantial space for various uses.
  • Located off an interstate highway, providing high visibility and accessibility.
  • Currently owned by an absentee and out-of-state owner, offering an opportunity for active management.
  • Prime conversion opportunity for Hilton or Marriott brands, presenting significant potential.
  • Property with substantial upside potential, ideal for redevelopment or brand transition.
  • Strong investment potential with possibilities for value enhancement and operational improvements.

Executive Summary

Ramada Hotel 135 Rooms 3 story interior corridor. Good conversion opportunity for Hilton brand. Off Interstate Highway. Property has lots of upside. Absentee and out of State owner. Property has upside. Can be converted into apartments

Property Facts

Price £2,506,560
Price Per Room £18,567
Sale Type Investment or Owner User
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 3.20 AC
Building Size 74,469 SF
No. Rooms 135
Number of Floors 3
Year Built/Renovated 1969/2001
Tenancy Single
Parking Ratio 2.01/1,000 SF
Corridor Interior

Amenities

  • Business Centre
  • Pool
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wi-Fi

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 5 £97.91 -
Guest Room 130 £53.26 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
64-03-16-0-004
Land Assessment
£92,805
Improvements Assessment
£371,840
Total Assessment
£464,646

zoning

Zoning Code Comm (Commercial Zone near Highway)
Comm (Commercial Zone near Highway)
  • Listing ID: 29630474

  • Date on Market: 26/09/2023

  • Last Updated:

  • Address: 127 W Byers Ave, New Stanton, PA 15672

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