Investment Overview

The Holiday Inn Express & Suites Pittsburgh West – Green Tree is a limited-service, 150-room hotel. The Property is IHG-branded and maintains various common area amenities such as an indoor heated outdoor pool, fitness center, business center, breakfast buffet area, a 227 square-foot conference room, and 1,496 square feet of meeting space that is suited for hosting events and business meetings. Situated less than four miles from downtown Pittsburgh, the Holiday Inn Express & Suites Pittsburgh West – Green Tree boasts a prime location near major corporate offices, including PNC Bank, U.S. Steel Corporation, PPG Industries Inc, Bank of New York Mellon, Heinz, and Alcoa Corporation. With easy access to popular attractions like Point State Park, the Andy Warhol Museum, PNC Park, and the Carnegie Museum of Natural History, the hotel caters to both business and leisure travelers. Additionally, its proximity to the University of Pittsburgh and Carnegie Mellon University adds to its appeal as a convenient and enriching destination in the heart of the city. Pittsburgh's economy has evolved beyond its historical steel focus, embracing diverse sectors such as technology, healthcare, education, finance, and advanced manufacturing. The city is a thriving hub for innovation, with tech companies, startups, and research institutions benefiting from the talent pool at Carnegie Mellon University and the University of Pittsburgh. The healthcare sector, led by institutions like UPMC, consistently propels economic growth. Renowned universities play a pivotal role in research and development, fostering collaborations and spin-off companies. Pittsburgh's high quality of life, affordable housing, and cultural amenities attract a skilled workforce, while its lower cost of living appeals to businesses and residents. The city's strategic location, commitment to historical reinvestment, and vibrant cultural scene contribute to ongoing revitalization. The Property is well-positioned less than 17 miles from Pittsburgh International Airport. The Pittsburgh International Airport is the primary international airport serving the Greater Pittsburg Region as well as adjacent areas in West Virginia and Ohio. With an ideal location near interstate 376, the Hotel benefits significantly from the swift access to the airport. The Hotel can maintain brand affiliation with InterContinental Hotels Group (IHG), one of the trusted names in hotels, and greatly benefits from the IHG Rewards loyalty program. For over 75 years, IHG has continued its leadership and brand recognition amongst travelers, owners, and franchisees. The Hotel benefits from its brand affiliation and its reservation system, driving increased demand and ultimately increased overall profitability. The Property is being offered unencumbered by franchise and management agreements. An investor possesses the opportunity to bring in a new management company or to act as an owner/operator and seek to revamp the operational strategy of the Hotel.