Wingate by Wyndham

The Wingate by Wyndham Chandler is a 66-room select-service hotel offered at $6,200,000, delivering an 8.1% cap rate on current net operating income of $502,200. The 3-story property was originally constructed in 2004 and underwent a brand-mandated renovation in 2021, leaving the asset in excellent physical condition with minimal near-term capital requirements.

The hotel currently operates at 71% occupancy with an ADR of $95 and RevPAR of $67.45. The Wingate by Wyndham flag provides meaningful distribution leverage through the Wyndham Rewards loyalty program, supporting a diversified demand mix of corporate transient and leisure segments. Chandler's strategic location in the Southeast Phoenix metro area positions the property to capture strong demand from Intel, Northrop Grumman, and other major employers in the region.

The 2021 renovation satisfied all brand PIP requirements, eliminating near-term capital expenditure risk. At $6.2M, the pricing reflects an attractive basis relative to replacement cost and recent comparable transactions in the Phoenix market, with meaningful upside available through revenue management optimization.