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FAITS SAILLANTS DE L'INVESTISSEMENT
- 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
RÉSUMÉ DE L'ANNONCE
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
FAITS SUR LA PROPRIÉTÉ
| Type de vente | Investissement | Taille du bâtiment | 47 592 pi² |
| Condition de vente | Vente sur saisie | Nombre de pièces | 102 |
| Type de propriété | Services hôteliers | Nombre d’étages | 1 |
| Sous-type de propriété | Hôtel | Année de construction/rénovation | 1985/2012 |
| Classe d’immeuble | C | Ratio de stationnement | 2,92/1 000 pi² |
| Taille du lot | 5,33 AC | Corridor | Extérieur |
| Zonage | C-1 - Hôtel | ||
| Type de vente | Investissement |
| Condition de vente | Vente sur saisie |
| Type de propriété | Services hôteliers |
| Sous-type de propriété | Hôtel |
| Classe d’immeuble | C |
| Taille du lot | 5,33 AC |
| Taille du bâtiment | 47 592 pi² |
| Nombre de pièces | 102 |
| Nombre d’étages | 1 |
| Année de construction/rénovation | 1985/2012 |
| Ratio de stationnement | 2,92/1 000 pi² |
| Corridor | Extérieur |
| Zonage | C-1 - Hôtel |
COMMODITÉS
- Accès Internet à haute vitesse
- Accès Wi-Fi public
PIÈCE RENSEIGNEMENTS SUR LE MÉLANGE
| DESCRIPTION | NOMBRE DE PIÈCES | TAUX QUOTIDIEN | pi² |
|---|---|---|---|
| Guest Room | 102 | 173,06 $ CAD | - |
Impôts fonciers
| Numéro de lot | 6000050000001106 | Évaluation des bâtiments | 1 573 606 $ CAD |
| Évaluation du terrain | 2 820 317 $ CAD | Évaluation totale | 4 393 923 $ CAD |
Impôts fonciers
Numéro de lot
6000050000001106
Évaluation du terrain
2 820 317 $ CAD
Évaluation des bâtiments
1 573 606 $ CAD
Évaluation totale
4 393 923 $ CAD
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Rodeway Inn Hotel Washington | 282 North Ave
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