Econo Lodge * $452,551 revenue * Ideal for Owner-Operator or First Time Buyer

Ohio, United States


Sale conditions: Market



Type: Hotel
Chain / Market Scale: Economy
Brand: Econo Lodge
Corridor: Mix of Interior & Exterior
No. of Keys: 40
Site Size: 0.756 AC

Price: $1,575,000
Price per Room: $39,375
Revenue: $452,551
Revenue Multiplier: 3.48x
Occupancy: 54.4%
ADR: $54.93
RevPAR: $29.93


General Property Information

Property Name:
Property Type: Hotel
Chain / Market Scale: Economy
Brand: Econo Lodge
Corridor: Mix of Interior & Exterior
Keys: 40
Room SF: 288
Building Status: Existing
No. of buildings: 1
Stories: 3
Site size: 0.756 AC
Parking Type: Surface
Construction Type: Wood Frame
Year Build: 1999
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:

Indoor Pool

Source of Business:




Additional Links:


Country: United States
State: Ohio
Postal Code:
APN/Parcel ID:
Location Type:
Location Overview:


Errol Anthony D'Souza, CHB

President, Principal Broker
Laurel Real Estate Company

FL #BK3479090
OH #BRK.2002016764

740 965 1966

Lauren D'Souza

Senior Associate
Laurel Real Estate Company


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