Holiday Inn Express * Formula Blue PIP Completed * 66 units with Interior Corridors

Ohio, United States

$6500000

Sale conditions: Market

Snapshot

Active

Ownership: Fee Interest
Type: Hotel
Chain / Market Scale: Economy
Brand: Holiday Inn Express
Corridor: Interior
No. of Keys: 66
Site Size: 2.6365 AC

66-unit interior corridor property: ideal size for owner-operator.
Halfway between Cleveland and Sandusky with proximity to Lake Erie, Oberlin College, Cedar Point amusement park, and Kalahari Resorts.
Formula Blue PIP completed in 2021.

Highlights:

General Property Information


Property Name:
Property Type: Hotel
Chain / Market Scale: Economy
Brand: Holiday Inn Express
Corridor: Interior
Keys: 66
Building Status: Existing
No. of buildings: 1
Stories: 2
Site size: 2.6365 AC
Parking Type: Surface
Construction Type: Reinforced Concrete
Year Build: 1997
Year Renovated: 2021
Room Inventory Description:

Address: 2417 State Route 60 Vermilion, OH 44089
Total Number of Units: 66
Number of Suites: 8
Number of ADA Rooms: 4
Buildings & Stories: 1 Building, 2 Stories
Amenities: Indoor pool, Fitness center, Elevator
Corridors: Interior
Year Built: 1997
Land Area: 2.6365 acres
Construction: Concrete
HVAC: Individual PTAC units
Roof: Pitched, Shingled
Parcel Number(s): #12-01620.001 (Erie County)

Common area amenities:

Other

Breakfast Area

Exercise Room

Indoor Pool

Source of Business:

Other

Group

Leisure

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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