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INVESTMENT HIGHLIGHTS
- Immediate access to I-70 and I-79, the main arteries serving the Pittsburgh region
- Absentee-owned, underperforming hotel currently operating at a $25 RevPAR versus competitors at $30, with a 68% RevPAR Index
- Near Hollywood Casino at The Meadows, Tanger Outlets, Washington & Jefferson College, Washington Hospital, Southpointe Business Park, and Pennsylvania
- YTD 2024 rooms revenue of approximately $530,000 represents a 19%+ increase over 2023, signaling improving performance and a solid growth trajectory
- Within the 2.4 million-person Pittsburgh MSA, only 29 miles southwest of Downtown Pittsburgh
- Half a mile from the $40 million Franklin Crossroads Park Redevelopment and adjacent to Old Mill Shopping Center
EXECUTIVE SUMMARY
Singh Commercial Group at KW Commercial is pleased to present the exclusive opportunity to acquire the Rodeway Inn Washington, PA, a 97-room hotel strategically located at 282 North Avenue in Washington, Pennsylvania. Originally built in 1985 and renovated multiple times, the property offers investors a well-maintained, value-add hospitality asset in one of Western Pennsylvania’s most accessible submarkets.
Ideally positioned just off Interstate 79 and minutes from Interstate 70, the hotel provides seamless regional connectivity throughout the Pittsburgh MSA. Its central location captures steady year-round demand from nearby demand generators including Hollywood Casino at The Meadows, Washington & Jefferson College, Washington Hospital, Southpointe Business Park, and Tanger Outlets Pittsburgh.
The area’s diverse economic base—anchored by energy, healthcare, manufacturing, and education—provides a consistent foundation of corporate, group, and leisure travel. The property also benefits from proximity to Downtown Pittsburgh (29 miles) and Pittsburgh
PA Broker of Record: Jim Barbour | KW Erie | License #: AB068949
Ideally positioned just off Interstate 79 and minutes from Interstate 70, the hotel provides seamless regional connectivity throughout the Pittsburgh MSA. Its central location captures steady year-round demand from nearby demand generators including Hollywood Casino at The Meadows, Washington & Jefferson College, Washington Hospital, Southpointe Business Park, and Tanger Outlets Pittsburgh.
The area’s diverse economic base—anchored by energy, healthcare, manufacturing, and education—provides a consistent foundation of corporate, group, and leisure travel. The property also benefits from proximity to Downtown Pittsburgh (29 miles) and Pittsburgh
PA Broker of Record: Jim Barbour | KW Erie | License #: AB068949
PROPERTY FACTS
| Sale Type | Investment | Building Size | 47,592 SF |
| Sale Condition | Distress Sale | No. Rooms | 102 |
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built/Renovated | 1985/2012 |
| Building Class | C | Parking Ratio | 2.92/1,000 SF |
| Lot Size | 5.33 AC | Corridor | Exterior |
| Zoning | C-1 - Hotel | ||
| Sale Type | Investment |
| Sale Condition | Distress Sale |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 5.33 AC |
| Building Size | 47,592 SF |
| No. Rooms | 102 |
| No. Stories | 1 |
| Year Built/Renovated | 1985/2012 |
| Parking Ratio | 2.92/1,000 SF |
| Corridor | Exterior |
| Zoning | C-1 - Hotel |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 102 | $172.92 CAD | - |
PROPERTY TAXES
| Parcel Number | 6000050000001106 | Improvements Assessment | $1,595,435 CAD |
| Land Assessment | $2,859,440 CAD | Total Assessment | $4,454,875 CAD |
PROPERTY TAXES
Parcel Number
6000050000001106
Land Assessment
$2,859,440 CAD
Improvements Assessment
$1,595,435 CAD
Total Assessment
$4,454,875 CAD
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Rodeway Inn Hotel Washington | 282 North Ave
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