SpringHill Suites – Independence, OH

Featured
$19,000,000

About the Property

  • Units:
    121
  • Price ($):
    $19,000,000
  • Year built:
    2016
  • # Buildings:
    1 Building / 4 Stories
  • Corridor:
    Interior
  • Building:
    Concrete
  • HVAC:
    Individual units
  • Parking:
    Surface
  • Roof:
    Flat rubber
  • Parcel Number(s):
    #561-22-014
  • Land Size:
    2.466 acres

Financial Highlights

Room Revenue
$4,706,765
Other Revenue
$192,350
Total Revenue
$4,899,115
Occupancy
71.8%
ADR
$148.44
RevPAR
$106.51
NOI
$1,698,722
Capitalization Rate
9.4%

Amenities

  • Conference Center
  • Elevator
  • Indoor Pool
  • Lounge (owned)

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