Econo Lodge * $460,385 revenue * Ideal for Owner-Operator or First Time Buyer
Ohio, United States
$1575000
Sale conditions: Market
Snapshot
Active| Type: | Hotel |
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| Chain / Market Scale: | Economy |
| Brand: | Econo Lodge |
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| Corridor: | Mix of Interior & Exterior |
| No. of Keys: | 40 |
| Site Size: | 0.756 AC |
Price: $1,575,000
Price per Room: $39,375
Room Revenue: $460,385
Revenue Multiplier: 3.42x
Occupancy: 59.3%
ADR: $53.02
RevPAR: $31.45
Highlights:
Login to viewGeneral Property Information
| Property Name: | Login to view |
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| Property Type: | Hotel |
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| Chain / Market Scale: | Economy |
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| Brand: | Econo Lodge |
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| Corridor: | Mix of Interior & Exterior |
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| Keys: | 40 |
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| Room SF: | 288 |
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| Building Status: | Existing |
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| No. of buildings: | 1 |
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| Stories: | 3 |
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| Site size: | 0.756 AC |
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| Parking Type: | Surface |
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| Construction Type: | Wood Frame |
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| Year Build: | 1999 |
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Room Inventory Description:
Address: 4386 OH-43, Kent, OH 44240
Units: 40
Unit Size: 288 square feet
Buildings & Stories: 1 Building, 3 Stories
Amenities: Indoor pool, Elevator
Corridors: Interior & Exterior
Year Built: 1997
Land Area: 0.756 acres
Construction: Wood Frame
Heating & Cooling: Individual PTAC units
Roof: Pitched, Shingled
Parcel Number(s): 04-023-00-00-056-000 (Portage)
Common area amenities:
Other
Indoor Pool
Source of Business:
Other
Group
Leisure
Additional Links:
Login to viewLocation
| Country: | United States |
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| City: | Login to view |
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| State: | Ohio |
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| Postal Code: | Login to view |
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| APN/Parcel ID: | Login to view |
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| Location Type: | Login to view |
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Location Overview:
Brokers
Errol Anthony D'Souza, CHB
President, Principal Broker
Laurel Real Estate Company
Lauren D'Souza-Faze
Vice President, Hotel Sales
Laurel Real Estate Company
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