Delta By Marriott Redevelopment * Projected $4.8M Revenue * Minutes to Downtown Cleveland
Ohio, United States
$6900000
Sale conditions: Market
Snapshot
Active| Type: | Hotel |
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| Sub Type: | Full Service |
| Chain / Market Scale: | Upper Midscale |
| Corridor: | Interior |
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| No. of Keys: | 178 |
| Site Size: | 6.53 AC |
Address: 5300 Rockside Rd Independence, OH 44131
Units: 178
Buildings & Stories: 1 Building, 5 Stories
Corridors: Interior
Year Built: 1974
Land Area: 6.53 acres
Construction: Concrete
Heating & Cooling: Individual units
Roof: Flat
Amenities: Restaurant, Bar, 2 Ballrooms, 6 Meeting Rooms, Outdoor Event Spaces
Parcel Number(s): #562-32-004
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: | Full Service |
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| Chain / Market Scale: | Upper Midscale |
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| Additional Property Type: | Hotel |
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| Corridor: | Interior |
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| Keys: | 178 |
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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: | 5 |
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| Site size: | 6.53 AC |
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| Meeting Space: | 7 Rooms |
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| Sprinklers: | Wet |
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| Parking Type: | Surface |
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| Parking Spaces: | 250 |
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| Construction Type: | Reinforced Concrete |
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| Year Build: | 1974 |
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Room Inventory Description:
Room Revenue (Projected): $4,800,000
F&B Revenue (Projected): $2,000,000
Occupancy (Projected): 60%
ADR (Projected): $125
RevPAR (Projected): $104.66
Common area amenities:
Other
Business Center
High Speed Internet
Breakfast Area
Exercise Room
Indoor Pool
Lounge
Restaurant
Source of Business:
Other
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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