1951 Broad Avenue, Findlay, OH, 45840 - Available for Sale

Hotel & Motel For Sale

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Red Roof Inn Findlay

1951 Broad Avenue, Findlay, OH 45840

$2,500,000

114 Rooms | Hotel & Motel

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Renovated rooms

Hotel / Motel For Sale Get Financing

Price:
$2,500,000
No. Rooms:
114
Building Size:
10,000 SF
Price/Room:
$21,929.82
Property Type:
Hotel & Motel
Property Sub-type:
Economy/ Limited Service
Property Use Type:
Investment
Cap Rate:
13.84%
Lot Size:
2.38 AC
Listing ID
18256664
Last Updated
35 days ago

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Description

The perfect opportunity to own and operate a 114 room Red Roof Inn that has been thoroughly renovated to its newest NextGen III concept. The property is beginning to experience the benefits of the over $500k PIP just finished in 2011. With over 100 hotels for sale this is just one of our listings. Please do not hesitate to contact me for our complete list.

Less than 2 hours from Detroit and Columbus Findlay Ohio has a strong manufacturing and job base in city with more than 10 fortune 500 Companies in numerous business generators less than 5 miles from hotel.

Financial Summary

  • Actual
  • $346,000

Map of 1951 Broad Avenue, Findlay, OH 45840 (Hancock County)

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Created 7/10/2013
Red Roof Inn Findlay
  • Hotel & Motel
  • $2,500,000
  • 114 Rooms
  • 10,000 SF