11555 Upper Gilchrist Rd | Mount Vernon, OH 43050
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11555 Upper Gilchrist Rd
Mount Vernon, OH 43050
Holiday Inn Express Mount Vernon · Hospitality Property For Sale
·
33,582 SF
Investment Highlights
- Fee-Simple Interest in the 70-Key, Three-Story, Interior Corridor, Limited-Service Asset Built in 1998
- Unencumbered by Management Company, Unencumbered by Debt
- Hotel Showed Revenues of Approximately $1.7MM in 2023 with an NOI of Approximately $764,500 | Expected to Finish 2024 Above $1.7MM in Revenues
- Ranked at #3 for RevPAR out of the 7 Hotels in the STR Competitive Set with a 110% RevPAR Penetration Index
- Desirable, Upper-Midscale, IHG Brand Affiliation with Holiday Inn Express
Property Facts
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 1998 |
| Building Class | C | Parking Ratio | 1.82/1,000 SF |
| Lot Size | 1.46 AC | Corridor | Interior |
| Building Size | 33,582 SF | ||
| Zoning | Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.46 AC |
| Building Size | 33,582 SF |
| No. Stories | 3 |
| Year Built | 1998 |
| Parking Ratio | 1.82/1,000 SF |
| Corridor | Interior |
| Zoning | Commercial |
Amenities
- Business Center
- Fitness Center
- Pool
- Meeting Event Space
Property Taxes
| Parcel Number | 66-09675.010 | Improvements Assessment | $839,680 |
| Land Assessment | $56,290 | Total Assessment | $895,970 |
Property Taxes
Parcel Number
66-09675.010
Land Assessment
$56,290
Improvements Assessment
$839,680
Total Assessment
$895,970
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