Hawthorn Suites * 64 suites, all with full kitchens * Revenue $1,296,258 * Close to Dayton Convention Center & Airport

Ohio, United States

$3950000

Sale conditions: Market

Snapshot

Active

Type: Hotel
Chain / Market Scale: Economy
Corridor: Exterior
No. of Keys: 64

Address: 7070 Poe Avenue, Dayton, OH 45414
Units: 64
Unit Size: 16 suites with lofts (approx. 625 square fee), 8 suites (approx. 550 square feet), 40 suites (approx. 525 square feet)
Buildings: 9 buildings - 8 guest buildings, 1 administrative building
Amenities: outdoor pool, fitness center, guest laundry
Corridors: exterior
Year Built: 1984
Land Area: 1.92 acres
Construction: Wood frame
HVAC: Central HVAC units in each unit
Roof: Pitched, Shingled
Parcel Number(s): B02 01204 0011

Highlights:

General Property Information


Property Name:
Property Type: Hotel
Chain / Market Scale: Economy
Corridor: Exterior
Keys: 64
Room SF: 550
Building Status: Existing
No. of buildings: 9
Parking Type: Surface
Parking Spaces: 96
Construction Type: Wood Frame
Year Build: 1984
Year Renovated: 2019
Room Inventory Description:

Price: $3,950,000
Price per Room: $61,719
Revenue: $1,296,258
Revenue Multiplier: 3.05x
Occupancy: 72.12%
ADR: $77.30
RevPAR: $55.42
NOI: $498,211

Common area amenities:

Exercise Room

Outdoor Pool

Source of Business:

Group

Transient

Corporate

Leisure

Commercial

Additional Links:

Location


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

Brokers

Errol Anthony D'Souza, CHB

President, Principal Broker
Laurel Real Estate Company

FL #BK3479090
OH #BRK.2002016764

740 965 1966
edsouza@laurelsales.com


Lauren D'Souza

Senior Associate
Laurel Real Estate Company


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