
Hampton Inn Pittsburgh University/Medical Center
3315 Hamlet Pl, Pittsburgh, PA, 15213-4235, US
JLL’s Hotels & Hospitality Group, as sole and exclusive agent for the owner, is pleased to present the opportunity to acquire the fee simple interest in the 125-room Hampton Inn Philadelphia/Great Valley/Malvern (the “Hotel” or “Property”). Philadelphia’s West Suburbs submarket benefits from its proximity to major corporate demand generators including QVC, VanGuard, and various densely populated business parks. The Hotel is located at the Route 30 and 202 intersection, a crucial access point, benefits from high traffic counts and accessibility.
The Hotel is currently institutionally owned and operated. While the Hotel has outperformed its competitive set in ADR and RevPAR post-pandemic, its premium Hilton Branding and lack of new supply make the Property well-positioned to increase rates and reach occupancies not seen in the submarket since 2019. Offered free and clear of management with a minimal renovation needed, the Property allows new ownership operational flexibility to implement their own strategies and potentially enhance both top and bottom-line performance significantly.