Log In/Sign Up
Your email has been sent.
Price ReductionQuality Inn & Suites Mansfield 116 W Park Ave W 102 Room Hotel Mansfield, OH 44902 $3,600,000 ($35,294/Room)
INVESTMENT HIGHLIGHTS
- Quality Inn & Suites .Price Reduction, For Sale by Owner, Prime location, June 2025 appraised for $3,780,000, Ideal for Owner-Operator
EXECUTIVE SUMMARY
$3,600,000 Price Reduced from $3,990,000, Mansfield, Ohio- For Sale by Owner.
June 2025 appraised for $3,780,000
Located between Cleveland and Columbus on I-71, Mansfield is a hub for both leisure and corporate demand.
Local attractions include:
Ohio State Reformatory, Richland Carousel Park, Malabar Farm State Park, Kingwood Center Gardens, and Snow Trails Ski Resort.
Corporate drivers:
Gorman-Rupp, Hyundai Ideal Electric, AK Steel, and MedCentral Health System (largest local employer).
Benefit from low operating costs, favorable business climate, and a diversified local economy.
Branded Midscale Hotel
Operating as Quality Inn & Suites – Choice Hotels International.
Prime location in downtown Mansfield, OH.
Features include a fitness center, indoor pool, business center, and 4,800 SF of flexible meeting space.
Restaurant space remains (currently not operated), offering F&B reactivation potential.
Unencumbered Offering
Fee simple ownership.
Flexible path for owner-operator or third-party operator.
Expansion/Conversion Potential
Unrenovated 4th floor (excluded from current room count) offers potential for:
Additional rooms or suites
Conference center space
Extended stay or alternative lodging configuration
June 2025 appraised for $3,780,000
Located between Cleveland and Columbus on I-71, Mansfield is a hub for both leisure and corporate demand.
Local attractions include:
Ohio State Reformatory, Richland Carousel Park, Malabar Farm State Park, Kingwood Center Gardens, and Snow Trails Ski Resort.
Corporate drivers:
Gorman-Rupp, Hyundai Ideal Electric, AK Steel, and MedCentral Health System (largest local employer).
Benefit from low operating costs, favorable business climate, and a diversified local economy.
Branded Midscale Hotel
Operating as Quality Inn & Suites – Choice Hotels International.
Prime location in downtown Mansfield, OH.
Features include a fitness center, indoor pool, business center, and 4,800 SF of flexible meeting space.
Restaurant space remains (currently not operated), offering F&B reactivation potential.
Unencumbered Offering
Fee simple ownership.
Flexible path for owner-operator or third-party operator.
Expansion/Conversion Potential
Unrenovated 4th floor (excluded from current room count) offers potential for:
Additional rooms or suites
Conference center space
Extended stay or alternative lodging configuration
DATA ROOM Click Here to Access
- Market Information
- Title and Insurance
- Miscellaneous
PROPERTY FACTS
| Price | $3,600,000 | No. Rooms | 102 |
| Price Per Room | $35,294 | No. Stories | 6 |
| Sale Type | Investment | Year Built/Renovated | 1984/2024 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 1.45/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 2.50 AC | Opportunity Zone |
Yes
|
| Building Size | 100,385 SF | ||
| Zoning | C | ||
| Price | $3,600,000 |
| Price Per Room | $35,294 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.50 AC |
| Building Size | 100,385 SF |
| No. Rooms | 102 |
| No. Stories | 6 |
| Year Built/Renovated | 1984/2024 |
| Tenancy | Single |
| Parking Ratio | 1.45/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | C |
AMENITIES
- Fitness Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 14 | $137.00 | - |
| Guest Room | 88 | $130.00 | - |
1 1
Walk Score®
Very Walkable (80)
PROPERTY TAXES
| Parcel Number | 027-03-065-02-001 | Improvements Assessment | $608,290 |
| Land Assessment | $167,590 | Total Assessment | $775,880 |
PROPERTY TAXES
Parcel Number
027-03-065-02-001
Land Assessment
$167,590
Improvements Assessment
$608,290
Total Assessment
$775,880
1 of 15
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Price ReductionQuality Inn & Suites Mansfield | 116 W Park Ave W
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.