210 Executive Dr
- 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
Property 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.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Hospitality |
| Price: | $9,800,000 |
| No. of Units: | 116 |
| Average Occupancy: | 11.91 |
| Year Built: | 1985 |
| Lot Size: | 2.50 Acres |
| Opportunity Zone: | No |
| Price per unit: | $84,483 |
| Property Website | Click Here |
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