Days Inn * 66 Units * Interior Corridors * $991,970 Revenue * Near Downtown Cleveland
Ohio, United States
$3500000
Sale conditions: Market
Snapshot
Active| Ownership: | Fee Interest |
|---|---|
| Type: | Hotel |
| Sub Type: | Limited Service |
| Chain / Market Scale: | Midscale |
| Brand: | Days Inn |
|---|---|
| Corridor: | Interior |
| No. of Keys: | 66 |
| Site Size: | 1.15 AC |
Address: 12019 Lake Ave W, Cleveland, OH 44107
Units: 66
Buildings and Stories: 1 building, 2 stories
Corridors: Interior
Year Built: 1975
Land Area: 1.15 acres
Construction: Concrete Block
Heating and Cooling: Individual PTAC units
Roof: Flat, Rubber Roof (3 years old)
Franchise: Wyndham
Parcel Number(s): Cuyahoga County 312-29-007
Highlights:
Login to viewGeneral Property Information
| Property Name: | Login to view |
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| Property Type: | Hotel |
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| Property Sub Type: | Limited Service |
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| Chain / Market Scale: | Midscale |
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| Brand: | Days Inn |
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| Corridor: | Interior |
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| Keys: | 66 |
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| Building Status: | Existing |
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| No. of buildings: | 1 |
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| Stories: | 2 |
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| Site size: | 1.15 AC |
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| Parking Type: | Surface |
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| Construction Type: | Reinforced Concrete |
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| Year Build: | 1975 |
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Room Inventory Description:
Price: $3,500,000
Price per Room: $53,030.30
Revenue: $991,970
Revenue Multiplier: 3.53
Occupancy: 46.7%
ADR: 88.24
RevPAR: 41.18
Common area amenities:
Breakfast Area
Source of Business:
Government
Transient
Corporate
Leisure
Commercial
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
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