975 Sheffield Street
Washington, PA 15301

Deal Type: Sale

Sale Price: $10,985,230

About This Property

975 Sheffield Street – Washington, PA 15301

Investment Opportunity – This award-winning Suburban Studios extended-stay hotel is a very strong performer in Washington, PA (Pittsburgh MSA). The hotel generates strong revenue, produces healthy EBITDA, and ranks highly among its STR competitive set. The $10,985,230 sale price equates to a 9.21% cap rate and represents a significant replacement cost discount ($216.67/sf; $91,543/key).  Extended-stay hotels are recession-resistant and outperform the broader market with stronger demand and revenue gains. This attractive, well-maintained property is a strategic opportunity for hospitality operators and investors.

For Sale: $10,985,230

Features & Amenities:

  • 120 Sleeping Rooms (64 Studio Queens, 56 Studio Doubles)
  • Fully-equipped kitchens
  • Guest & Staff Laundry Facilities
  • Guest Locker Facility
  • Fitness Room
  • Lobby & Reception Areas
  • 2 Staff Offices, Staff Work/Break Room
  • Elevator
  • Automatic sliding front-entry doors
  • Outdoor Pavillion with Gas Grills
  • Concrete Parking Lot with 129 Spaces
  • Construction: Completed 2015 – Wood Frame with Hardie Siding & Stone Veneer
  • New Exterior Signage Installed in 2024

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