211 Beecham Drive

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Address: 211 Beecham Drive, Pittsburgh, Pennsylvania, US
Created date: January 19, 2024
Date last updated: May 20, 2024
  • 124 Units, 2 stories
  • 2023 Room Revenue: $1,080,634
  • April 2024 Trailing Twelve Month Revenue: $1,049,768
  • Priced to sell at 3.33x multiplier of the 2024 Trailing Twelve Month Revenue
  • Upside: Performing at 63.1% RevPar Index
  • $28,225/key
  • 3.8 Acre Lot

Property Description

The Bowman Post Group of NewGen Advisory is pleased to present for sale the fee simple interest in the Pittsburgh, Pennsylvania Motel 6. Conveniently located at the convergence of Interstate 70 and Highway 60, this property is easily accessible to the greater Pittsburgh area, the Ohio River, and the Pittsburgh International Airport. This Motel 6 is currently run absentee and there is room for upside. Broker of Record: Nicole DeLuca | NewGen AdvisoryPA LLC | Lic. No.: RM421047

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Hospitality
Price: $3,500,000
No. of Units: 124
Year Built: 1987
Lot Size: 3.80 Sq ft
Opportunity Zone: No
Price per unit: $28,226
Property Website Click Here
Address: 211 Beecham Drive, Pittsburgh, PA 15205, USA
Provided by:

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