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600 PENN CTR BLVD
PITTSBURGH, PA 15235
Asking Price
Contact for price
Asset Type
Multifamily
Class
Class B
What's Special
130-Key Home2 Suites Conversion Opportunity | Pittsburgh, PA <ul><li><strong style="color: rgba(0, 0, 0, 1)">Adaptive Reuse Hospitality Opportunity</strong><span style="color: rgba(0, 0, 0, 1)"> Proposed conversion of an existing office building into an approximately 130-room Home2 Suites by Hilton.</span></li><li><strong style="color: rgba(0, 0, 0, 1)">Prime Pittsburgh Employment Corridor</strong><span style="color: rgba(0, 0, 0, 1)"> Located within the Penn Center office district with direct access to Interstate 376.</span></li><li><strong style="col
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
