Residence Inn Pittsburgh Cranberry Township, PA
Hospitality | 11.86% CAP | 96 Keys
Marketing description
HIGHLIGHTS AND LOCATION
Hotel Brokers of America is pleased to present the Residence Inn by Marriott – Pittsburgh / Cranberry Township, a 96-key, extended-stay, all-suite Marriott asset. The property is strategically positioned along the I-79 Corporate Corridor in Cranberry Township, widely recognized as the northern business gateway of the Pittsburgh MSA.
PROPERTY OVERVIEW:
96-key extended-stay, all-suite Marriott Residence Inn
Positioned along the I-79 Corporate Corridor with direct access to major employment hubs
Located in Cranberry Township, one of the strongest suburban business markets in the Pittsburgh MSA
Brand-required PIP creates a clear path to ADR re-rating and competitive-set improvement
Extended-stay model supports longer length of stay, lower turnover, and margin stability
Currently performing 5 of 7 within the competitive set, indicating solid in-place operations with upside
PIP to be completed by new owner, allowing for increased ADR and profitability
#1 ranked extended-stay brand, delivering higher NOI, lower turnover, and strong operating margins
Underperforming the comp set in ADR by approximately $9, primarily due to the required PIP, providing significant upside
LOAN OPTIONS:
Multiple financing options are available:
Conventional Financing – Competitive terms available for qualified buyers
SBA Financing – Potential for lower equity requirement depending on borrower profile
Hotel Brokers of America, in partnership with H3O Capital, can assist in arranging introductions to qualified hospitality lenders.
Brian Brockman | PA Broker of Record
Bang Realty – PA Inc
📧 Boro@bangrealty.com
📞 513-898-1551
PA LIC #RM432816
Investment highlights
🚨 NEW HOTEL INVESTMENT OPPORTUNITY 🚨
🏨 Marriott Residence Inn | Cranberry Township, PA
📍 Pittsburgh MSA | I-79 Corporate Corridor
Excited to bring a cash-flowing, extended-stay Marriott asset to market in one of the strongest suburban business corridors in the Pittsburgh MSA. This opportunity offers durable in-place cash flow with a clear value-add upside driven by a brand-required PIP and meaningful ADR re-rating potential 📈.
💼 This Residence Inn benefits from strong corporate, healthcare, and long-term demand, making it a compelling opportunity for investors seeking margin stability, brand strength, and downside protection.
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