SpringHill Suites – Independence, OH
Featured$20,000,000
About the Property
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Units:121
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Price ($):$20,000,000
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Year built:2016
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# Buildings:1 Building / 4 Stories
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Corridor:Interior
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Building:Concrete
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HVAC:Individual units
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Parking:Surface
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Roof:Flat rubber
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Parcel Number(s):#561-22-014
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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
$2,204,523
Capitalization Rate
11%
Amenities
- Conference Center
- Elevator
- Indoor Pool
- Lounge (owned)
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