
Hampton Inn Pittsburgh University/Medical Center
3315 Hamlet Pl, Pittsburgh, PA, 15213-4235, US
JLL Hotels and Hospitality has been exclusively retained by ownership to sell 100% fee simple interest in the Crowne Plaza Suites Pittsburgh South, an IHG-branded hotel located at 164 Fort Couch Road in Pittsburgh, Pennsylvania.
Located on ±5.41-acres in Pittsburgh's vibrant South Hills marketplace, the hotel represents a unique opportunity to acquire a value-add investment or development opportunity directly between the South Hills Village Mall and Village Square Mall. Currently operating as a full-service hospitality use hotel, the building offers 179 guestrooms, banquet and meeting facilities, a restaurant, bar, outdoor pool, and fitness room.
The hotel is located in C-3 zoning (Professional Service District), adjacent to several major retailers, providing abundant opportunities for a new investor seeking a dynamic acquisition. This flexible zoning allows the property to be repurposed for most commercial or residential uses, such as offices, hospitals, assisted living facilities, medical offices, retail stores, restaurants, shopping centers, and more.
Crowne Plaza Pittsburgh South benefits from its premier location in a bustling retail corridor home to numerous nationally renowned brands. Encompassing the asset within an immediate half-mile radius are household-named businesses Target, CVS, Whole Foods, McDonald’s, Dick’s Sporting Goods, Barnes & Noble, Macy’s, Chick-fil-A, Walgreens, Chipotle, Bonefish Grill, and BJ’s Restaurant. The hotel is also conveniently located within a 10-mile radius of some of Pittsburgh’s major demand generators, including PPG Paints Arena, PNC Park, the University of Pittsburg, the University of Pittsburgh Medical Center, and Duquesne University. Situated 8 miles from Downtown Pittsburgh, 164 Fort Couch Road is positioned within a desirable submarket driven by weekend leisure and banquet events, Highpoint Fitness, and most prominently by 325-bed St. Clair Memorial Hospital, the largest employer in the South Hills with 600 physicians and 2,500 employees.
Crowne Plaza Pittsburgh South is being offered fully unencumbered of brand, management, and debt, allowing a new owner to operate the hotel as they see fit with their management style, as well as implement a new brand or repurpose the hotel for alternative use. 165 Fort Couch Road presents a significant upside for a new owner upon renovating the hotel and implementing cost-saving initiatives to increase overall RevPAR.
Property tours are available by appointment only. Please contact the broker to schedule.