Current Use by Public Records
- Ramada by Wyndham Pittsburgh/New Stanton / Hotel & Motel
Property Details for 127 Byers Ave
- Year built
- 1990
- Property type
- Hospitality properties
- Property subtype
- Motels
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Stanton
- County
- Westmoreland
- State
- Pennsylvania
- Longitude
- -79.6122
- Latitude
- 40.2177
