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1201 E Mall Dr
Holland, OH 43528
Econo Lodge Holland · Hospitality Property For Sale · 62,016 SF

INVESTMENT HIGHLIGHTS

  • 120 Units
  • Revenue in 2022: $1,185,000
  • Minutes from Downtown Toledo and Airport, located off Interstate 475 and nearby Interstate 90
  • Recently Renovated, Owner's PIP is Complete
  • Net Income of $589,330 in 2021 Resulting in a Cap Rate of 15.9%

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 3.19 AC
Building Size 62,016 SF
No. Stories 2
Year Built 1987
Tenancy Single
Parking Ratio 1.93/1,000 SF
Corridor Exterior
Zoning C-2

AMENITIES

  • Pool
  • Meeting Event Space

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
65-86964
Land Assessment
$40,530
Improvements Assessment
$1,079,470
Total Assessment
$1,120,000
  • Listing ID: 24936131

  • Date on Market: 1/28/2022

  • Last Updated:

  • Address: 1201 E Mall Dr, Holland, OH 43528

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