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Ramada by Wyndham Cleveland Airport West 22115 Brookpark Rd 70 Room Hotel Cleveland, OH 44126 $3,500,000 ($50,000/Room)

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INVESTMENT HIGHLIGHTS

  • Turnkey Operation with Recent Renovations
  • Strong Brand Affiliation
  • Food & Beverage Revenue Potential
  • Irreplaceable Airport Proximity
  • Existing Revenue Streams
  • Meeting Space Expansion

EXECUTIVE SUMMARY

Acquire a Fully Renovated, Turnkey Airport Hotel
An exclusive opportunity to purchase the 70-room Ramada by Wyndham Cleveland Airport West, a stabilized asset with significant, multi-faceted growth potential.
The Investment
A De-Risked Asset Primed for Performance
This offering is unique. It combines the security of a fully renovated, turnkey property with the compelling upside of untapped revenue streams and a transformative market catalyst on the horizon. An investor can bypass immediate capital expenditure and focus directly on operational strategy and growth.
The 'New' Asset
Comprehensive 2025 Renovation
A top-to-bottom Property Improvement Plan was completed in 2025, transforming this hotel into a modern, competitive asset. The extensive upgrades significantly de-risk the investment and enhance the guest experience from arrival to departure.
? ??? Guest Room Experience
? 70 New 42" Philips Smart TVs
? 100 New Mattresses & New Bed Platforms
? All New Furniture, Drapes & Appliances
? Fully Updated Bathrooms with New Tile & LED Mirrors
? ?? Infrastructure & Exterior
? Brand New Roof (2025)
? Updated Brand Signage
? All Exterior Lighting Converted to LED
? 10 Brand New HVAC Units
??? Common Area Upgrades
? Renovated Lobby with New Seating
? Modern LED Chandelier
? Updated Breakfast Area with New Floors & Counters
? Updated Rear Stairways
Immediate Upside
Unlock Hidden Revenue Streams
While the asset is turnkey, several on-site spaces are primed for monetization. A new operator can immediately implement plans to activate these areas, significantly boosting ancillary income and overall Net Operating Income.
Bar & Restaurant Space
Lease to a 3rd party or operate in-house.
Meeting Space Expansion: Convert existing storage for corporate/group revenue.
Premium 2-Bedroom Suite: Renovate for a high-margin extended-stay unit.
Future Growth
A Market-Changing Catalyst
The proposed Cleveland Browns Domed Stadium, located adjacent to the airport, represents one of the most significant regional developments in decades. This project ensures a long-term, sustained increase in hospitality demand.
$2.4B Domed Stadium Investment
$1B Mixed-Use Development
2029: Anticipated Opening
Strategic Location
The hotel's prime location provides unparalleled access to the region's most critical business and leisure demand drivers, ensuring a consistent and diverse guest base beyond just airport traffic.
Take the Next Step
This is a premier opportunity to acquire a fully renovated, strategically located hotel with a clear path to increased profitability.

PROPERTY FACTS

Price $3,500,000
Price Per Room $50,000
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 3.22 AC
Building Size 36,380 SF
No. Rooms 70
No. Stories 2
Year Built/Renovated 1958/1998
Parking Ratio 3.08/1,000 SF
Corridor Exterior
Zoning Motel

AMENITIES

  • Business Center
  • Fitness Center
  • Restaurant
  • Shuttle Service
  • High Speed Internet Access
  • On-Site Bar
  • Public Access Wifi

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 70 $67.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
331-16-008
Land Assessment
$164,115
Improvements Assessment
$265,440
Total Assessment
$429,555
  • Listing ID: 36272329

  • Date on Market: 6/16/2025

  • Last Updated:

  • Address: 22115 Brookpark Rd, Cleveland, OH 44126

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