For Sale
$3,200,000

127 Byers AveNew Stanton, PA 15672

135-key motel, high upside potential, Pennsylvania.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional 135-key Ramada motel presents a compelling value-add investment opportunity in New Stanton, Pennsylvania. Located at 127 W Byers Ave, 15672, this fee-simple property boasts a substantial 35,000 square feet across a three-story building constructed in 1990. The interior corridor design features an elevator for convenient access. Currently operating under the Ramada brand, this property offers significant upside potential. The asking price is $3,200,000, translating to $91.43 per square foot. Its strategic location near Pittsburgh and convenient access to Interstate highways ensures high visibility and accessibility. The property's current ownership structure presents an opportunity for an owner-operator to maximize operational efficiency and profitability. Furthermore, the property's zoning and location allow for potential conversion into a Hilton-branded hotel or even a multi-unit apartment building, offering a diverse range of future development possibilities. This represents a rare chance to acquire a well-positioned hospitality asset with substantial growth potential in a thriving market. The property includes one building with 135 keys.

Highlights

  • Fee-simple 135-key Ramada motel in New Stanton, PA, offering significant value-add potential.
  • 35,000 square foot, three-story building on 127 W Byers Ave, 15672, built in 1990.
  • Asking price: $3,200,000 ($91.43/SF).
  • Interior corridor design with elevator; prime location near Pittsburgh with easy interstate access.
  • Potential for conversion to a Hilton hotel or multi-unit apartment building.

Property Details for 127 Byers Ave

Property type
Hospitality properties, Motels
Square Feet
35,000 SF
Year Built
1990
Buildings
1
Stories
3

Location Insight

City
New Stanton
County
Westmoreland
State
Pennsylvania
Latitude
40.2176795
Longitude
-79.6121551
127 Byers Ave, New Stanton, Pennsylvania

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127 Byers Ave
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