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Quality Inn Perrysburg 10621 Fremont Pike 136 Room Hotel Perrysburg, OH 43551 $4,700,000 ($34,559/Room)
Investment Highlights
- Full 2025 renovation completed — no outstanding PIP for the incoming owner.
- Positioned just off I-75 near corporate, manufacturing, and logistics demand drivers.
- Diverse demand from First Solar, Owens Corning, O-I Glass, and Amazon nearby.
- Ranked 5 of 6 in comp set, signaling strong operational upside potential.
- 136-key select-service hotel priced at approximately $34,000 per key.
- Proximity to Levis Commons, Toledo Zoo, and Hollywood Casino Toledo.
Executive Summary
Luke Whittaker and Mitchell Glasson are pleased to present the opportunity to acquire the Quality Inn Perrysburg, a well-located select-service hotel positioned in one of Northwest Ohio's strongest lodging markets. Situated just off Interstate 75, the property benefits from exceptional accessibility and visibility along one of the Midwest's busiest north-south transportation corridors. The hotel is surrounded by a diverse mix of demand generators, including Downtown Toledo, the University of Toledo, Owens Community College, and numerous industrial and distribution facilities throughout the Toledo metropolitan area. Perrysburg is home to a significant concentration of manufacturing, logistics, and corporate employers—including operations for First Solar, Owens Corning, O-I Glass, and Amazon—which provide stable year-round commercial lodging demand. The property also benefits from proximity to area retail, dining, and recreational attractions, including Levis Commons, the Toledo Zoo, and the Hollywood Casino Toledo, supporting additional leisure and weekend demand. The Quality Inn flag offers investors the opportunity to acquire a well-recognized Choice Hotels brand in an established Midwest market with diverse economic fundamentals and multiple avenues for future revenue growth.
Broker Of Record
Matt Wallace
Matthews Real Estate Investment Services, Inc
BRKP.2024002419, REC.2022007141 (OH)
950 Main Ave., Suite 510, Cleveland, OH 44113 (866) 889-0550
Broker Of Record
Matt Wallace
Matthews Real Estate Investment Services, Inc
BRKP.2024002419, REC.2022007141 (OH)
950 Main Ave., Suite 510, Cleveland, OH 44113 (866) 889-0550
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
Property Facts
| Price | $4,700,000 | Lot Size | 5.06 AC |
| Price Per Room | $34,559 | Building Size | 34,520 SF |
| Sale Type | Investment | No. Rooms | 136 |
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1970/2025 |
| Building Class | B | Corridor | Interior |
| Zoning | C-4 | ||
| Price | $4,700,000 |
| Price Per Room | $34,559 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 5.06 AC |
| Building Size | 34,520 SF |
| No. Rooms | 136 |
| No. Stories | 2 |
| Year Built/Renovated | 1970/2025 |
| Corridor | Interior |
| Zoning | C-4 |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 1 | $104.00 | - |
| Guest Room | 135 | $73.00 | - |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | P60-400-090104002000 | Improvements Assessment | $958,265 |
| Land Assessment | $385,735 | Total Assessment | $1,344,000 |
Property Taxes
Parcel Number
P60-400-090104002000
Land Assessment
$385,735
Improvements Assessment
$958,265
Total Assessment
$1,344,000
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