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2600 Lauren Ln
Northwood, OH 43619
Rare Value-Add Ability | Strategic Location · Hospitality Property For Sale
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82 Rooms
Investment Highlights
- A 3-story, 82-unit hotel in Northwood/Toledo OH close to numerous demand generators including Hollywood Casino, downtown Toledo, Owens College, etc.
- Unique, value-add investment opportunity to acquire a vacant, independent hospitality asset with the ability to upbrand under new management.
- Conveniently positioned with ample surface parking just 0.4 miles off I-75, 2.1 miles from Hollywood Casino, and 4 miles to Downtown Toledo.
- Excellently equipped with amenities including elevator, indoor pool, fitness center, meeting rooms and more.
- Approved franchises with PIPs for Best Western, Quality Inn, Days Inn, Red Roof Inn, Suburban Studios, Hometown Studios, etc. Spark approval pending.
Property Facts
| Sale Condition | Auction Sale | No. Rooms | 82 |
| Type of Ownership | Fee Simple | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 2001/2012 |
| Property Subtype | Hotel | Parking Ratio | 2.35/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 1.79 AC | Parcel Number | M50-300-240004007000 |
| Building Size | 37,374 SF | ||
| Zoning | C - Commercial | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.79 AC |
| Building Size | 37,374 SF |
| No. Rooms | 82 |
| No. Stories | 3 |
| Year Built/Renovated | 2001/2012 |
| Parking Ratio | 2.35/1,000 SF |
| Corridor | Interior |
| Zoning | C - Commercial |
| Parcel Number | M50-300-240004007000 |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 82 | $69.00 | - |
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