Holiday Inn & Candlewood Suites – Independence, OH
Featured$29,000,000
About the Property
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Units:351
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Price ($):$29,000,000
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Year built:1974
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# Buildings:2 Buildings / 5 Stories
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Year renovated:2020
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Corridor:Interior
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Building:Masonry
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HVAC:Individual PTAC units
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Parking:Surface
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Roof:Flat rubber / flat asphalt
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Parcel Number(s):#561-22-004
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Land Size:4.79 acres
Financial Highlights
Total Room Revenue
$9,222,818
Total Other Revenue
$3,708,905
Total Combined Revenue
$12,931,723
NOI
$3,852,740
Capitalization Rate
13.3%
Amenities
- Breakfast Area
- Conference Center
- Elevator
- Exercise Room
- Indoor Pool
- Lounge (owned)
- Restaurant (owned)
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