1160 Thorn Run Rd | Coraopolis, PA 15108
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1160 Thorn Run Rd
Coraopolis, PA 15108
Sheraton Pittsburgh Airport Hotel · Hospitality Property For Sale · 136,420 SF
Investment Highlights
- Prime location near Interstate 376 between downtown Pittsburgh and the Pittsburgh International Airport.
- Upon completion of the PIP, new ownership will be able to improve performance and regain market share.
- The hotel boasts historically strong revenues with further upside potential through renovation to increase rate and revenue.
- Prior to the COVID pandemic, the hotel was consistently generating around $2 million in food and beverage revenue.
- Sheraton is internationally recognized as a member of Marriott Hotels, providing benefits from a superior reservation system and Marriott rewards.
- Opportunity for investors to acquire a premier, full-service hotel as fee simple and offered unencumbered by a management agreement.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 9 |
| Property Subtype | Hotel | Year Built/Renovated | 1920/2013 |
| Building Class | B | Tenancy | Single |
| Lot Size | 6.36 AC | Parking Ratio | 9.44/1,000 SF |
| Building Size | 136,420 SF | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 6.36 AC |
| Building Size | 136,420 SF |
| No. Stories | 9 |
| Year Built/Renovated | 1920/2013 |
| Tenancy | Single |
| Parking Ratio | 9.44/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- Room Service
- Shuttle Service
- Patio
- On-Site Bar
- Meeting Event Space
- Smoke-Free
- Digital key
PROPERTY TAXES
| Parcel Number | 0596-P-00205-0000-00 | Improvements Assessment | $3,200,000 |
| Land Assessment | $1,500,000 | Total Assessment | $4,700,000 |
PROPERTY TAXES
Parcel Number
0596-P-00205-0000-00
Land Assessment
$1,500,000
Improvements Assessment
$3,200,000
Total Assessment
$4,700,000
zoning
| Zoning Code | Comm |
| Comm |
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