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Property profile & analytics
OFF-MARKET Estimated value $2,250,000
Motels

929 Sheraton Dr Mars, PA 16046-9431

1.88 ac lot
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US73-2281272
Property summary
AI-generated overview

This three-story, 67-key hotel in Mars, Pennsylvania, presents a compelling investment opportunity. Boasting 26,838 square feet on a 1.88-acre lot, the property enjoys excellent highway visibility and is conveniently located near the Cranberry Shopping Center, just 18 miles from Pittsburgh. Built in 1996 and extensively renovated in 2024, the hotel features attractive amenities including whirlpool suites and a two-room owner's living quarters. The property's prime location, coupled with its recent renovations and the potential for further enhancements, makes it an ideal acquisition for investors seeking a foothold in the thriving hospitality sector. The asking price is $2,800,000, translating to $104.33 per square foot. The single building sits on a sizable lot, offering ample space for potential expansion or future development. This turnkey operation is ready for a new owner to capitalize on its established presence and strong location. The hotel's proximity to Pittsburgh and its convenient access to major roadways ensure a steady stream of potential guests.

Property profile
Verified
Property type Motels
Use group MOTEL
Lot 1.88 ac (81,893 SF)
APN 2372-J-7
UPID US73-2281272
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.25M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.25M
Owner & transaction history
A A A R Mars L L C · 2 yrs held
A A A R Mars L L C
since 2024
Last sale
$2.3M
3 recorded transactions
2024
$2.3M
2023
$1.2M
2023
$2.1M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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