Wingate by Wyndham Cranberry Township

Highlights:

• Offered at a Caprate of 11.91%
• Cash on Cash Return of 26.37%
• 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

Description:

Tabani Realty has been retained as an exclusive broker to market this ideal hotel acquisition opportunity with a current cap rate of 11.91% and cash on cash return of over 26.37%. 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.

Wingate by Wyndham Cranberry Township offers an unusual combination of a recently renovated branded hotel, approximately $84,500-per-key acquisition basis, 11.91% going-in cap rate, improving revenue and NOI, strong debt coverage and diversified suburban Pittsburgh demand generators.

The strongest investment story is the property's demonstrated operating trajectory: NOI increased from approximately $740,000 in 2023 to $1.167 million T-12 July 2026, while NOI margin expanded from roughly 32% to more than 40%.

For a qualified hotel operator capable of maintaining post-renovation revenue momentum while controlling payroll, franchise, utility and other operating expenses, the asset provides the potential for strong current cash yield, continued NOI expansion, principal amortization and longer-term appreciation.

MARKET & AREA DEMAND GENERATORS

Cranberry Township benefits from a diversified mix of corporate, healthcare, sports, leisure, interstate and Pittsburgh metropolitan demand.

Corporate & Business Demand

The offering identifies a strong corporate base anchored by companies including Westinghouse Electric, MSA Safety and McKesson, along with corporate parks and continuing commercial development throughout the Cranberry corridor.

This corporate concentration can support recurring weekday lodging demand from employees, vendors, contractors, consultants, training programs and corporate travelers.

Healthcare & Sports Demand

UPMC Lemieux Sports Complex – approximately 15 minutes

The complex provides a combination of healthcare, sports medicine, hockey, tournaments, youth sports and event-related lodging demand. The offering specifically identifies UPMC facilities and Lemieux Sports Complex events as contributors to local hotel demand.

Pittsburgh Leisure & Event Demand

The hotel also benefits from access to major Pittsburgh attractions and event venues:

PNC Park: approximately 30 minutes
Acrisure Stadium: approximately 31 minutes
PPG Paints Arena: approximately 32 minutes
University of Pittsburgh: approximately 39 minutes
Pittsburgh International Airport: approximately 38 minutes / 20.7 miles

These generators diversify demand beyond weekday corporate travel and provide weekend, sports, university, airport and special-event business.

Highway & Retail Location

The property's location near the I-76 / I-79 interchange provides convenient regional accessibility and interstate visibility. The location map on page 11 of the offering shows a substantial concentration of national retailers, restaurants, banking and commercial uses surrounding the property.

Local demographics also support the area's economic profile. Average household income within one mile is approximately $118,667, with approximately 5,011 residents and 2,103 households within the same radius.


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 performance.

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