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Sold for $82,114 Sold

621 Midway Blvd.
Elyria, OH 44035

Residential
Property Photo
1/7

Sold

Sold for $82,114 on Aug 21, 2014

Description

Red Roof Inn, Elyria/Cleveland - 97 Units 97 Rooms * Interior Corridors * Located along Interstate I-80 west of Cleveland * Interior Corridors * Indoor Pool * Elevator * Ohio Turnpike (I-80) Location * Owned and Operated by Management Company.

Features

  • Acres: 2 acres
  • ADR: $60.30
  • Amenities: Indoor Pool, Elevator
  • Corridors / Floors: Interior / 3 Floors
  • No. Rooms: 97
  • Occupancy: 49%
  • Price per Room: $29,897
  • RevPAR: $29.40
  • Rm Rev Multiplier: 2.78
  • Room Revenue: $1,040,796
  • Total Revenue: $1,052,614
  • Type: Limited Service
  • Year Built: 1987

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