1401 E Mall Dr | Holland, OH 43528
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1401 E Mall Dr
Holland, OH 43528
Quality Inn Holland - Toledo · Hospitality Property For Sale
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130 Rooms
INVESTMENT HIGHLIGHTS
- 1401 E Mall Drive is a three-story Choice Hotels-branded Quality Inn in Holland, OH.
- Under absentee ownership, the current management lacks the requisite capabilities to effectively oversee the building's operations.
- Fantastic investment opportunity to acquire a hospitality asset with room revenues exceeding $1.28 million in 2022.
- Hotel management has improved the asset's performance to near industry-standard NOI margins.
PROPERTY FACTS
| Sale Condition | Auction Sale | No. Rooms | 130 |
| Type of Ownership | Fee Simple | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1989/2005 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | C | Parking Ratio | 2.89/1,000 SF |
| Lot Size | 3.07 AC | Corridor | Interior |
| Building Size | 42,952 SF | Parcel Number | 65-86957 |
| Zoning | 19-C2 - Commercial | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.07 AC |
| Building Size | 42,952 SF |
| No. Rooms | 130 |
| No. Stories | 3 |
| Year Built/Renovated | 1989/2005 |
| Tenancy | Single |
| Parking Ratio | 2.89/1,000 SF |
| Corridor | Interior |
| Zoning | 19-C2 - Commercial |
| Parcel Number | 65-86957 |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Public Access Wifi
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