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Sold for $92,217 09-22-17

Hines Road
Hudson, OH 44236



Residential:
Property Photo
1/7

Sold

Sold for $92,217 on Sep 22, 2017

Description

Holiday Inn - 239 Rooms 239 units - Full service conference hotel with many extra amenities. This hotel boasts an excellent location near the intersection of Ohio Highway 8 and Interstate I-80 (Exit 180). The hotel is in excellent condition, having undergone a Holiday Inn Property Improvement Plan (PIP) in 1999 and achieves high scores on the Holiday Inn inspections. Other income generators are one ballroom, five conference rooms, restaurant / lounge, game room and gift shop. Special amenities of this hotel are an indoor and outdoor pool, fitness room, basketball and tennis courts which is located right next to an 18-hole golf course. Demand generators are Geauga Lake, National Football League Hall of Fame, and other corporate and recreational demand generators in the area. Located south of Cleveland and north of Akron, this hotel is the perfect conference hotel.

Features

  • A.D.R (2004): $67.86
  • Corridor: Inside
  • Number of Rooms: 239
  • Occupancy % 2004: 49.28%
  • Pool: Yes / Indoor and Outdoor
  • Restaurant: Yes with bar/lounge
  • RevPAR (2004): $33.44
  • Room Revenue: $3,524,937
  • Stories: 2
  • Total Revenue (2004): $5,791,422
  • Type: Mid-Market
  • Year Built: 1967

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