30360 Clemens Rd | Westlake, OH 44145
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30360 Clemens Rd
Westlake, OH 44145
ESA Cleveland Westlake · Hospitality Property For Sale
·
41,766 SF
Investment Highlights
- Fee simple interest in the institutionally owned and third-party managed 73-room Extended Stay America (ESA) Cleveland Westlake.
- Ability to purchase any combination of eight assets, affording buyers the opportunity to capitalize on strong regional operating economies of scale.
- Offered unencumbered of debt and management with the ability to retain the Extended Stay America brand for a new long-term license.
- Available for individual sale as part of a larger eight-property portfolio in the October 4th Ten-X Auction Event.
- Strong in-place performance, with trailing-24-month year-over-year average RevPAR gains of +26%.
- Product type with fully equipped kitchens is ideal for potential residential conversion or alternative use pending zoning and municipality approval.
Property Facts
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1997/2016 |
| Building Class | B | Tenancy | Single |
| Lot Size | 3.70 AC | Parking Ratio | 2.4/1,000 SF |
| Building Size | 41,766 SF | Corridor | Interior |
| Zoning | HM | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.70 AC |
| Building Size | 41,766 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1997/2016 |
| Tenancy | Single |
| Parking Ratio | 2.4/1,000 SF |
| Corridor | Interior |
| Zoning | HM |
Amenities
- Fitness Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
Property Taxes
| Parcel Number | 211-15-012 | Improvements Assessment | $452,830 |
| Land Assessment | $181,615 | Total Assessment | $634,445 |
Property Taxes
Parcel Number
211-15-012
Land Assessment
$181,615
Improvements Assessment
$452,830
Total Assessment
$634,445
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