MatthewsMatthews
SpringHill Suites Pittsburgh Washington

ListingsWashington, PA

SpringHill Suites Pittsburgh Washington. Washington, PA.

Available
  • 86 keys
  • Select Service
  • SpringHill Suites
  • 2000
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Keys
86
Brand
SpringHill Suites
Chain Scale
Select Service
Year Built
2000
Occupancy
52%
Asking Price
$5,500,000
Encumbrance
See OM
Mgmt / Franchise
SpringHill Suites (franchise)
Call for Offers
Open ended

Opportunity Overview

Position. Why this asset, now.

86-room SpringHill Suites built in 2000 in the Trinity Point commercial node near Washington, PA. Features recently completed guestroom and exterior improvements with significant upside potential from a RevPAR gap of $15.41 relative to competitors and proximity to major demand generators including Hollywood Casino and Tanger Outlets.

  • RevPAR gap of $15. 41 vs comp set, approximately $480K in potential revenue upside.

  • Approximately $180K to $300K NOI growth, over $3M value creation at 8. 5% cap.

  • Guestroom and exterior improvements completed with minimal disruption.

  • Near Hollywood Casino (3M annual visitors) and Tanger Outlets (3. 5M).

  • Opportunity to expand fitness or breakfast areas, or repurpose pool space.

  • Proposed 30,000 SF event center within 3 to 5 minutes supports demand.

Gallery

See the asset. 3 photos in the full gallery.

Full gallery and OM available on request.

Location

Where the asset sits.

Address

16 Trinity Point Dr
Washington, PA

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SpringHill Suites Pittsburgh Washington FAQ

What's the asking price on the SpringHill Suites Pittsburgh Washington?
$5,500,000. Confidential conversations available; the OM is gated behind NDA where applicable.
What are the property fundamentals on this SpringHill Suites select service?
86 keys. SpringHill Suites, Select Service segment. Built 2000. Located in Washington, PA. Occupancy: 52%. Encumbrance: See OM.
Who is the listing broker?
mabelle-perez at Matthews Hotel Markets. The team has direct relationships with the institutional, family-office, PE, and HNW buyer pools that bid this asset class.
What does Matthews's disposition process look like?
Standard 24-week playbook: engagement letter and BOV in weeks 1–4, OM and marketing launch in weeks 5–8, call-for-offers and finalist round in weeks 9–14, definitive agreement and closing in weeks 15–24. Confidential by default; broker-built underwriting on every BOV.
What's the buyer pool for a Select Service hotel like this in Washington?
Select Service assets in this market range typically draw a buyer pool of select-service-focused REITs, family offices, PE roll-ups, owner-operators, and HNW first-time hotel buyers. SpringHill Suites brand-loyal buyers compete actively for in-flag acquisitions.