10300 Cascade Xing | Brooklyn, OH 44144
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- LoopNet Team
10300 Cascade Xing
Brooklyn, OH 44144
ESA Cleveland Brooklyn · Hospitality Property For Sale
·
45,738 SF
INVESTMENT HIGHLIGHTS
- Fee simple interest in the institutionally owned and third-party managed 104-room Extended Stay America (ESA) Cleveland Brooklyn.
- Ability to purchase any combination of eight assets, affording buyers the opportunity to capitalize on strong regional operating economies of scale.
- Offered unencumbered of debt and management with the ability to retain the Extended Stay America brand for a new long-term license.
- Available for individual sale as part of a larger eight-property portfolio in the October 4th Ten-X Auction Event.
- Strong in-place performance with trailing-24-month year-over-year average RevPAR gains of +33%.
- Product type with fully equipped kitchens is ideal for potential residential conversion or alternative use pending zoning and municipality approval.
PROPERTY FACTS
| Sale Condition | Auction Sale | No. Stories | 3 |
| Type of Ownership | Fee Simple | Year Built/Renovated | 1999/2005 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 2.54/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 2.07 AC | Parcel Number | 433-10-014 |
| Building Size | 45,738 SF | ||
| Zoning | G-B | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.07 AC |
| Building Size | 45,738 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1999/2005 |
| Tenancy | Single |
| Parking Ratio | 2.54/1,000 SF |
| Corridor | Interior |
| Zoning | G-B |
| Parcel Number | 433-10-014 |
AMENITIES
- Business Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
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