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1051 N Lexington Springmill Rd
Mansfield, OH 44906
Hampton Inn Mansfield/Ontario · Hospitality Property For Sale
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61 Rooms
Investment Highlights
- Three-story, 29,586 square-foot, 61-key Hampton Inn in Mansfield, Ohio.
- Offers a 10-year relicense with Hilton upon completion of new buyer PIP.
- Generated nearly $2.5 million of total gross revenue in 2022, translating to nearly $1 million in EBITDA.
- Located south of I-30 and N Lexington-Springmill Road, the property is a 10-minute drive to the Mansfield Lahm Airport and Downtown Mansfield.
- In 2021, visitors generated approximately $404.5 million in total sales, an increase of 15.4% over 2019.
- Richland County offers investors local and state performance-based incentives to assist with business costs.
Property Facts
| Sale Condition | Auction Sale | No. Rooms | 61 |
| Type of Ownership | Fee Simple | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 1995 |
| Property Subtype | Hotel | Parking Ratio | 2.53/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 1.10 AC | Parcel Number | 038-60-318-67-002 |
| Building Size | 29,586 SF | ||
| Zoning | Commercial | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.10 AC |
| Building Size | 29,586 SF |
| No. Rooms | 61 |
| No. Stories | 3 |
| Year Built | 1995 |
| Parking Ratio | 2.53/1,000 SF |
| Corridor | Interior |
| Zoning | Commercial |
| Parcel Number | 038-60-318-67-002 |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Digital key
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 61 | $204.00 | - |
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