Ohio, United States
Sale conditions: Market
Ownership: | Fee Interest |
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Type: | Hotel |
Chain / Market Scale: | Midscale |
Corridor: | Interior |
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No. of Keys: | 82 |
Site Size: | 1.79 AC |
82-unit interior corridor property with proximity to several interstate highways.
Seller financing available with 25% down.
Property is 2.1 miles from Hollywood Casino and 4.0 miles from Downtown Toledo, two large demand generators. Also centrally located to the University of Toledo and Bowling Green State University (approximately 35,000 students total).
Shut-down property presents an opportunity to upbrand under new management.
Price: $3,200,000
Price per Room: $39,024
Revenue (2019): $864,848
Revenue (2020): $890,167
Property Name: | Login to view |
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Property Type: | Hotel |
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Chain / Market Scale: | Midscale |
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Corridor: | Interior |
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Keys: | 82 |
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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: | 1.79 AC |
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Parking Type: | Surface |
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Construction Type: | Wood Frame |
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Year Build: | 2001 |
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Address: 2600 Lauren Lane, Northwood, OH 43619
Units: 82
Buildings & Stories: Building, 3 Stories
Amenities: Meeting Rooms, Fitness Center, Indoor Pool, Hot Tub, Elevator
Corridors: Interior
Year Built: 2001
Land Area: 1.79 acres
Construction: Wood Frame
Heating & Cooling: Individual PTAC units
Roof: Pitched, Shingled
Parcel Number(s): #M50-300-240004007000 (Wood)
Business Center
Breakfast Area
Whirlpool
Exercise Room
Indoor Pool
Group
Transient
Leisure
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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President, Principal Broker
Laurel Real Estate Company
Senior Associate
Laurel Real Estate Company
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