210 EXECUTIVE DR CRANBERRY TOWNSHIP PA 16066-6432
116 Keys | 11.43% Cap Rate | Reno 2025
Marketing description
Property Description
Tabani Realty has been retained as an exclusive broker to market this ideal hotel acquisition opportunity with a current cap rate of 1.43% and cash on cash return of over 12%. Offered unencumbered from any management agreement, The Wingate by Wyndham Cranberry Township represents a compelling acquisition opportunity in one of suburban Pittsburgh's most resilient hotel markets. Backed by Wyndham Hotels & Resorts — the world's largest hotel franchisor with approximately 9,300 properties globally — ownership benefits from an 86% central booking contribution, access to Wyndham Rewards' 121 million enrolled members, and best-in-class revenue management, sales, and operational support.
Wingate is the top-ranked brand in midscale guest satisfaction, purpose-built for the white-collar business and leisure traveler that dominates this submarket. Cranberry Township's commercial base continues to expand, anchored by Westinghouse Electric, MSA Safety, McKesson, and a growing corridor of corporate parks adding retail and hospitality concepts. With a median household income near $94,000, consistent demand from UPMC facilities and Lemieux Sports Complex events, and immediate interstate visibility at I-76/I-79, this asset offers stable, diversified demand and a proven brand engine to drive performance.
Location Description
Strategically positioned at the crossroads of I-76 (Pennsylvania Turnpike) and I-79, the Wingate by Wyndham Cranberry Township places guests at the center of one of western Pennsylvania's most dynamic suburban markets. Just 21 miles north of downtown Pittsburgh, the property serves robust corporate demand from Westinghouse Electric's 3,000-employee headquarters, MSA Safety, McKesson, and the Thorn Hill and Cranberry Woods business parks — home to the Regional Learning Alliance, a shared campus of more than a dozen higher education institutions. Healthcare demand is anchored by nearby UPMC Passavant and the UPMC Lemieux Sports Complex, the official practice facility of the NHL's Pittsburgh Penguins. Leisure travelers are drawn to Moraine State Park, Cranberry Highlands Golf Course, and the Grove City Premium Outlets. The surrounding community boasts a median household income near $94,000 and a highly educated, white-collar workforce, supporting strong year-round hotel
Investment highlights
- Offered at a Caprate of 11.43%
- Cash on Cash Return of 12.12%
- 54,882 SF building
- 116 units
- Built in 1985
- Renovated in 2025
- Zoned SU-1
- Strategic location in Cranberry Township area
- UPMC Lemieux Sports Complex – 15 mins
- PNC Park - 30 min drive
- Acrisure Stadium - 31 min drive
- PPG Paints Arena - 32 min drive
- Westmoreland County Airport – 46 miles
- University of Pittsburgh - 39 min drive
- Pittsburgh Int’l airport – 38 min drive/20.7 miles
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