Ramada by Wyndham Pittsburgh/New Stanton | 127 W Byers Ave
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Ramada by Wyndham Pittsburgh/New Stanton 127 W Byers Ave
135 Room Hotel New Stanton, PA 15672 $3,200,000 ($23,704/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 | $3,200,000 | Building Size | 74,469 SF |
Price Per Room | $23,704 | No. Rooms | 135 |
Sale Type | Investment or Owner User | No. Stories | 3 |
Property Type | Hospitality | Year Built/Renovated | 1969/2001 |
Property Subtype | Hotel | Tenancy | Single |
Building Class | C | Parking Ratio | 2.01/1,000 SF |
Lot Size | 3.20 AC | Corridor | Interior |
Price | $3,200,000 |
Price Per Room | $23,704 |
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 |
No. Stories | 3 |
Year Built/Renovated | 1969/2001 |
Tenancy | Single |
Parking Ratio | 2.01/1,000 SF |
Corridor | Interior |
Amenities
- Business Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Suite | 5 | $125.00 | - |
Guest Room | 130 | $68.00 | - |
PROPERTY TAXES
Parcel Number | 64-03-16-0-004 | Improvements Assessment | $474,710 |
Land Assessment | $118,480 | Total Assessment | $593,190 |
PROPERTY TAXES
Parcel Number
64-03-16-0-004
Land Assessment
$118,480
Improvements Assessment
$474,710
Total Assessment
$593,190
zoning
Zoning Code | Comm (Commercial Zone near Highway) |
Comm (Commercial Zone near Highway) |
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Ramada by Wyndham Pittsburgh/New Stanton | 127 W Byers Ave
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