Marketplace
NDA required

Hotel Indigo Pittsburgh East Liberty

Pittsburgh, PennsylvaniaLifestyle / soft brand hotelAccess requests reviewed weekly
Price guidance
$26.7M guidance
Keys
135
TTM revenue
$7.9M
NOI
$2.3M
Occupancy
67%
ADR
$173
RevPAR
$115
Cap rate
8.5%

Public summary

135-key Hotel Indigo hotel in Pittsburgh, PA. Upscale lifestyle asset with branded distribution and Pittsburgh, Pennsylvania demand drivers.

  • Hotel Indigo flag with national reservation distribution
  • Upscale lifestyle operating model in the Pittsburgh market
  • 135 keys with in-place cash flow and brand-standard condition

Seller

Hotel owner, developer, and operator headquartered in Iowa, with properties across Hilton, Marriott, IHG, Choice, and other brand families in markets nationwide.

Company
Hawkeye Hotels
Headquarters
Coralville, Iowa
Deal room
Seller approval required
Process
Offers accepted online

Asset and market overview

Location

Pittsburgh, Pennsylvania draws corporate, leisure, and event demand that supports the Hotel Indigo flag.

Asset

Lifestyle / soft brand hotel operating under the Hotel Indigo brand, offered as an individual asset.

Upside

  • Revenue management optimization
  • Expense benchmarking against comp set
  • Negotiated corporate account growth

Property facts

Year built
Last renovated
Brand class
Upscale lifestyle
Brand family
IHG
Keys
135
Address
Pittsburgh, Pennsylvania — full address shared with approved buyers