Red Roof Inn * Strong Cash Flow * 68 Units with Interior Corridors
Ohio, United States
$4100000
Sale conditions: Market
Snapshot
New Price| Ownership: | Fee Interest |
|---|---|
| Type: | Hotel |
| Chain / Market Scale: | Midscale |
| Brand: | Red Roof Inn |
|---|---|
| No. of Keys: | 68 |
| Site Size: | 5.264 AC |
INVESTMENT HIGHLIGHTS
• 3 story, interior corridor property with 68 units and elevator: perfect size for owner-operator.
• Strong positioning within competitive set: property is consistently ranked 3rd out of 7 properties for occupancy and ADR.
• Price: $4,100,000
MARKET HIGHLIGHTS
• Located in Sandusky County, which is home to several major corporations including Whirlpool Corp., Revere Plastics, and Crown Battery.
• Centrally positioned near multiple diverse demand streams, including Norfolk & Southern Railroad, Whirlpool Corp., local sporting events, Cedar Point amusement park, and Ohio Turnpike.
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: | Midscale |
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| Brand: | Red Roof Inn |
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| Keys: | 68 |
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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: | 5.264 AC |
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| Sprinklers: | Dry |
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| Parking Type: | Surface |
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| Construction Type: | Wood Frame |
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| Year Build: | 2000 |
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| Year Renovated: | 2021 |
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Room Inventory Description:
Address: 1363 West McPherson Highway, Clyde, OH 43410
Room Count: 68
Year Built: 2000
Buildings: 1 building, 3 stories
Amenities: Indoor pool, fitness center, breakfast area, meeting room, elevator
Parcel Size: 5.264 acres
Construction: Wood frame
Roof: Pitched, Shingled
HVAC: Individual PTAC units
Elevators: 1
Fire Safety: Wet and dry sprinklers
Common area amenities:
Business Center
Breakfast Area
Exercise Room
Indoor Pool
Source of Business:
Government
Transient
Corporate
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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