2 Convention Center Dr | Altoona, PA 16602
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
2 Convention Center Dr
Altoona, PA 16602
Courtyard Marriott by Convention Center · Hospitality Property For Sale · 99,520 SF
Investment Highlights
- The Courtyard by Marriott Altoona is a 105-room leasehold property ideally located adjacent to the Blair County Convention Center and I-99.
- Connectivity to the Blair County Convention Center enhances its appeal for both business and leisure travelers.
- The Courtyard has favorable ground-lease terms, including extension options up to 2075 and low and lessee-friendly annual payments.
- In the February 2024 trailing-twelve-month period, the Courtyard’s RevPAR is almost 7% higher than year-end 2019.
- Comprehensive property improvement plan could be pursued to enhance guest experiences and capture lost occupancy and rate in its competitive set.
- Altoona is between Pittsburgh and Philadelphia, positioned to tap into diverse demand sources, including corporate travelers, tourists, and more.
PROPERTY FACTS
| Sale Conditions | Auction Sale | Number of Floors | 4 |
| Property Type | Hospitality | Year Built/Renovated | 2001/2008 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | B | Parking Ratio | 1.29/1,000 SF |
| Lot Size | 2.01 AC | Corridor | Interior |
| Building Size | 99,520 SF |
| Sale Conditions | Auction Sale |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.01 AC |
| Building Size | 99,520 SF |
| Number of Floors | 4 |
| Year Built/Renovated | 2001/2008 |
| Tenancy | Single |
| Parking Ratio | 1.29/1,000 SF |
| Corridor | Interior |
Amenities
- Balcony
- Business Centre
- Fitness Centre
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wi-Fi
- Smoke-Free
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £18,009,736 | |
| Land Assessment | £1,757,201 | Total Assessment | £19,766,938 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£1,757,201
Improvements Assessment
£18,009,736
Total Assessment
£19,766,938
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
