Mid-Atlantic Marriott Two-Pack PA/WV

Listing Agents

Omari Head
T | 410.406.7259
ohead@paramountlodging.com

Brent Clemens
T | 312.402.2959
bclemens@paramountlodging.com

Sean Banilivy
T | 516.456.7525
sbanilivy@paramountlodging.com

Detailed Information
Property Highlights
  • Fee simple interest in the lender involved and third party managed Mid-Atlantic 213-room Marriott Hotel Portfolio
  • Sale includes the 98-room Courtyard Monroeville Pittsburgh Pennsylvania and the 115-room SpringHill Suites Wheeling West Virginia
  • Assets are available for individual or portfolio purchase allowing for strong regional operating economies of scale
  • Both assets are available for a new long-term relicense with Marriott upon completion of a moderate PIP
  • Properties have recovered strongly post-COVID and current average occupancy is broadly outpacing the national recovery
  • Diverse array of regional demand generators with portfolio uniquely well positioned to capitalize on continued stabilization within the region’s energy markets
  • Readily accessible to the all-broader Pittsburgh MSA demand and Pittsburgh Airport – with plans well underway for a $1.4B airport renovation and modernization
Location