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STRONGSVILLE SUPER 8 HOTEL
15385 Royalton Road, Strongsville, OH 44136
$910,000
93
32,256 SF
$9,784.95
Hotel & Motel
Economy/ Limited Service
Full Service
Business For Sale
Yes
1%
$51
2
1979
2.25 AC
-
Find Out More...
Last Verified 10/27/2009
Listing ID 16438637
Highlights
REAL ESTATE AUCTION - NOV 24th - 1 P.M.- Suggested Opening Bid: $910,000
- Great Location, 2.25 Acres, Averaging $60,000+ a month Gross
- Sold Subject to Court Case No. CV-09-692284
Description
REAL ESTATE AUCTION - NOV. 24 - 1 P.M. - CROWNE CENTER CLEVELAND AIRPORT HOTEL
SUGGESTED OPENING BID: $910,000
A Two-story exterior entrance Hotel built as a Red Roof Inn in 1979 with 108 Rooms. Portions of the Hotel were recently converted to Office, Administration,
Breakfast Area, Fitness Center, and Two Owner-Manager Apartments. Room Configuration is 38 Kings; and 55 Double-Doubles. Roof improvements just completed. Two buildings of 16,128± Sq. Ft. (32,256± SF total).
OPERATING REVENUES. Four-month Room Revenues during Receiver control have averaged $60,000± per month with an ADR of $51.41. More
complete revenue figures from previous operator in Bidders Packet, at the Scheduled Inspections, or by mail.
BUSINESS OPPORTUNITY. Currently operated as Super 8 Hotel. A new purchaser can apply to Wyndham International to continue the Super 8 Franchise or convert to Private Brand. Offered at Auction under direction of
Court Receiver and order of Cuyahoga County Court of Common Pleas Case No. CV-09-692284.
15385 Royalton Rd., (Rte. 82) at Interstate 71 Exit 231, Strongsville, OH 44136,
Zoned MS; Motor Service, on 2.25± Acres. An Operating Hotel controlled by Court-Appointed Receiver since May 2009. Located just South of Cleveland Hopkins International Airport, next to Hoover Ice Arena
Complex, with IX Convention Center and Southpark Mall nearby.
ON-SITE INSPECTIONS: You are invited to schedule an appointment to inspect the Property on the following dates and times: November 5, 12, 19, & 23 from 1 P.M. to 3 P.M.
PLEASE WHEN EMAILING FOR MORE INFORMATION, PLEASE BE SURE TO INCLUDE YOUR MAILING ADDRESS AND MORE INFORMATION WILL BE SENT TO YOU VIA US MAIL. THANK YOU.
| Description | No. Rooms | | |
|---|
| Kings | 38 | | |
| Double Double | 55 | | |
Map of 15385 Royalton Road, Strongsville, OH 44136 (Cuyahoga County)
Created 10/20/2009
Additional Information for 15385 Royalton Road, Strongsville, OH 44136
- Active For Sale - 1 Listing
- Active For Lease - 0 Listing
- Previously Listed - 0 Historic Listing
- Sales Comparables Available - 2 RecentSales Records
View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.