Holiday Inn Express – Vermilion, OH

$5,950,000

About the Property

  • Units:
    66
  • Price ($):
    $5,950,000
  • Year built:
    1997
  • # Buildings:
    1 Building / 2 Stories
  • Year renovated:
    2021
  • Corridor:
    Interior
  • Building:
    Concrete
  • HVAC:
    Individual PTAC units
  • Parking:
    Surface
  • Roof:
    Pitched, Shingled
  • Parcel Number(s):
    #12-01620.001 (Erie County)
  • Land Size:
    2.6365 acres

Financial Highlights

Revenue
$1,819,263
Occupancy
54.9%
ADR
$137.13
RevPAR
$75.31
NOI (2022)
$548,046
Cap Rate
9.2%

Amenities

  • Breakfast Area
  • Elevator
  • Exercise Room
  • Indoor Pool