16 Trinity Point Dr - Hospitality FOR SALE


Washington, PA 15301
$5,500,000 USD
786-208-4795
16 Trinity Point Dr, Washington, PA for Sale
$5,500,000 USD
Hospitality - FOR SALE
1/3
null | 7.8% Cap Rate

16 Trinity Point Dr
Washington, PA 15301


HIGHLIGHTS

  • RevPAR gap of $15.41 relative to the competitive set
  • Approximately $480,000 in potential revenue upside
  • ~ $180K–$300K NOI growth depending on execution
  • Over $3M in potential value creation at an 8.5% cap rate
  • Guestrooms and exterior improvements completed
  • Minimal disruption required to ongoing operations

OVERVIEW

SpringHill Suites Pittsburgh Washington presents an exceptional investment opportunity in Washington, Pennsylvania’s growth corridor. This 86-key, four-story property operates under the Marriott brand, offering investors a stable flag with strong upside potential. The asset features fully completed guestroom and exterior enhancements, driving minimal operational disruption for new ownership. Strategically located within the Trinity Point commercial node, the property benefits from significant demand generators including Hollywood Casino at The Meadows (3M annual visitors), Tanger Outlets (3.5M annual visitors), and Washington County Fairgrounds. Proximity to the Marcellus Shale gas development further strengthens midweek occupancy from corporate and energy sector demand. Revenue performance indicates a notable RevPAR gap of $15.41 compared to its competitive set, creating a clear runway to capture approximately $480,000 in additional revenue and $180K–$300K NOI growth potential. With additional value-add opportunities, including optimization of amenities and operational efficiencies, this property offers meaningful potential for immediate and long-term returns.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$109 USD /SF

# OF ROOMS

86

PRICE/ROOM

$63,953 {currency}

CAP RATE

7.8%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SpringHill Suites Pittsburgh Washington

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2000

PARKING SPACES

75

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R-1 , CBD

APN/PARCEL ID

6000051300000300

ASK ABOUT THIS PROPERTY

Mabelle PerezMatthews Real Estate Investment ServicesMore Info
786-208-4795

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Mabelle PerezMatthews Real Estate Investment ServicesMore Info
786-208-4795

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.