5351 State Route 30, Greensburg, PA 15601
44 Room Hotel | Greensburg, PA 15601 | $2,300,000 ($52,273/Room)
For Sale
Active
Asking Price $2,300,000
- Property Type
-
Hospitality
- Square Feet
- 27,470 SF
Listing Contacts
- Property Info
Property Overview
44 Room Super 8® by Wyndham located at 5351 State Route 30 Greensburg, PA 15601. The subject property is a two-story, exterior corridor asset located on 1.07 acres and is offered with fee-simple interest, unencumbered by management and unencumbered by debt. The hotel is located off State Route 30 (38,488) with quick access to I-70, I-76, and Pittsburgh. The subject property is situated near key local attractions including the Live! Casino directly across the street, Westmoreland Mall, Westmoreland Museum of American Art, the historic Palace Theatre, Seton Hill University, and Saint Vincent College. The greater region features diverse attractions such as the Laurel Highlands and access to the Greater Pittsburgh Region.
The property has underwent extensive improvements since it's conversion to a Super 8 in June 2023. This includes the completion of the Super 8 Innov8te PIP with new PTACs in all rooms, new water heater, new sewage system, resealed parking lot, new Wyndham artwork and brand FF&E, new mattresses. Other recent upgrades include carpeting, bathrooms, paint & knockdown texture, curtains, and a complete lighting solution (energy efficient LED inside and outside). This has led to significant performance improvement post conversion as the property ramps up to capture fair market share.
Please reach out via Email to schedule touring or to request more information.
The property has underwent extensive improvements since it's conversion to a Super 8 in June 2023. This includes the completion of the Super 8 Innov8te PIP with new PTACs in all rooms, new water heater, new sewage system, resealed parking lot, new Wyndham artwork and brand FF&E, new mattresses. Other recent upgrades include carpeting, bathrooms, paint & knockdown texture, curtains, and a complete lighting solution (energy efficient LED inside and outside). This has led to significant performance improvement post conversion as the property ramps up to capture fair market share.
Please reach out via Email to schedule touring or to request more information.
Property Details
- Class
- C
- Year Built/Renovated
- 1972/2024
- Stories
- 2
- Property Subtype
- Hotel
- Lot Size (sq. ft)
- 45,738 SF
- Units
- 44
Highlights
- Fee-Simple, Outright Ownership Unencumbered by Third-Party Management or Debt
- 44 Rooms with Manager's Apartment & Vacant Restaurant/Bar Space
- 0 Change of Ownership PIP for Super 8® by Wyndham Innov8te Scheme
- 125% RevPAR Penetration Index, after June 2023 Renovation & Brand Conversion
- $38.50 RevPAR, 50.5% Occupancy Year to Date
- Full PIP complete Including New Mattresses, PTACs, Brand FF&E, LED Lighting throughout, etc.
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