Investment Overview

Marcus & Millichap is pleased to present for sale, Holiday Inn Express & Suites Belle Vernon located in Belle Vernon, Pennsylvania. The hotel is absentee managed and will receive a 15 year relicense upon completion of the Formula Blue PIP estimated around $1.3 million or total project cost of $72,142. The hotel has been impacted from covid-19 and historically operated around $1.4 million in room revenues and is positioned to attain pre-covid revenues with hands-on management and a refresh of the property.