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Errol D'Souza
Laurel Real Estate Co. 

P.O. Box 284 
Galena, OH 43021-0284
Office: 740-965-1966
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Sold for $22,610 Sold

1435 South Carpenter Road
Brunswick, OH 44212

Residential
Property Photo
1/8

Sold

Sold for $22,610 on Feb 26, 2010

Description

Sleep Inn - 65 units Motivated Seller - Lender Forced Sale MOTIVATED SELLER - LENDER FORCED SALE This 65-room, 12-year old hotel is conveniently located along interstate I-71, south of Cleveland and just 8 miles south of the Ohio Turnpike. The hotel is close to local attractions including the Quicken Loans Arena, Jacobs Field, Rock and Roll Hall of Fame and the COSI Science Museum. The Cleveland International Airport is 10 miles and downtown Cleveland is 25 miles from the hotel. There are many businesses in the area including Aldi Inc, Balzers, Car Quest, FMS Machine, Ditch Witch, Miller Transportation, Detroit Diesel, Reynolds and P & C Industries.

Features

  • Acreage: 2 acres
  • ADR: $55.78
  • Amenities: Outdoor Pool, Meeting Room
  • Corridor / Floors: Interior / 2 Floors
  • Occupancy: 42.68%
  • Price Per Room: $26,154
  • RevPAR: $24.06
  • Rm Rev Multiplier: 2.9
  • Room Revenue: $570,921
  • Total Revenue: $588,701
  • Type: Limited Service
  • Year Built: 1996

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