8514 University Boulevard, Carnot-Moon, PA, 15108, US

Hampton Inn Pittsburgh Airport - Hotels

Attributes

Units

127

Year built

1986

Land area gross

10.02 acres

Asset description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer, on an exclusive basis, the fee simple interest in the 127-room Hampton Inn Pittsburgh Airport (the “Hotel” or “Property”).

The Hotel is strategically located just one mile from the Pittsburgh International Airport off Interstate-376 in Moon Township, Pennsylvania. Moon Township is a historic city located in Allegheny County, approximately 12 miles northwest of downtown Pittsburgh. Moon Township is also part of the 5,300 square-mile Greater Pittsburgh Metropolitan Area, which boasts a healthy population of approximately 2.3 million people.

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Investment highlights

In addition to the Pittsburgh International Airport, the Property is also located proximate to additional demand generators such as the 5,000-student Robert Morris University, full-service UPMC Events Center, the publicly accessible Moon Golf Club, and the Mall at Robinson.
The Hotel offers investors the opportunity to acquire an ideally located property with strong historical cash flow at a significant discount to replacement cost.
The Hotel is being offered on a fee-simple basis, unencumbered by the Hampton by Hilton brand, allowing investors to explore the feasibility of other midscale and economy brands with minimal change of ownership PIPs.