1308 Freedom Rd | Cranberry Township, PA 16066
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- LoopNet Team
1308 Freedom Rd
Cranberry Township, PA 16066
Residence Inn Pittsburgh Cranberry Township · Hospitality Property For Sale
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115,224 SF
INVESTMENT HIGHLIGHTS
- Benefit from a new 15-year license and leverage a best-in-class brand upon the completion of a change of ownership PIP.
- Fully recovered in-place, top-line metrics (TTM September) with significant potential for growth following a renovation.
- Minimal recently delivered supply paired with no new incoming supply provides the ideal environment to stabilize the hotel.
- Desirable extended-stay segment has continued to outperform other lodging sectors in the market while delivering impressive returns to ownership.
- Offered unencumbered of management, new ownership can capitalize on operational upside to align the hotel’s bottom line with industry-leading assets.
- Surrounded by diverse demand drivers and strategically positioned off Freedom Road, which connects to US Route 19 and Interstate 79.
PROPERTY FACTS
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Fully-Equipped Kitchen
- Multi-Room Suites
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MATTERPORT 3D EXTERIOR
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PHOTOS
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