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1201 E Mall Dr
Holland, OH 43528
Econo Lodge Holland · Hospitality Property For Sale
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120 Rooms
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 | No. Rooms | 120 |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | C | Year Built | 1987 |
| Lot Size | 3.19 AC | Parking Ratio | 1.93/1,000 SF |
| Building Size | 62,016 SF | Corridor | Exterior |
| Zoning | C-2 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.19 AC |
| Building Size | 62,016 SF |
| No. Rooms | 120 |
| No. Stories | 2 |
| Year Built | 1987 |
| Parking Ratio | 1.93/1,000 SF |
| Corridor | Exterior |
| Zoning | C-2 |
Amenities
- Pool
- Meeting Event Space
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $100.00 | - |
| Guest Room | 118 | $72.00 | - |
Property Taxes
| Parcel Number | 65-86964 | Improvements Assessment | $1,079,470 |
| Land Assessment | $40,530 | Total Assessment | $1,120,000 |
Property Taxes
Parcel Number
65-86964
Land Assessment
$40,530
Improvements Assessment
$1,079,470
Total Assessment
$1,120,000
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