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3775 Park East Dr
Beachwood, OH 44122
Embassy Suites by Hilton Cleveland Beachwood · Hospitality Property For Sale
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216 Rooms
Investment Highlights
- Fee simple interest in the 216-room, institutionally owned and third-party managed Embassy Suites by Hilton Cleveland Beachwood, OH.
- Upper upscale, all-suite Hilton asset offered unencumbered by management or debt at a discount to replacement cost.
- Strong upside transitioning from institutional ownership and a national third-party operator to an investor with strong operating economies of scale.
- Property offered for sale in the October 2nd auction event via Ten- X.
- Ability to retain the Hilton flag for a new long-term license upon completing the change of ownership PIP.
- Opportunity to better position the asset amongst the competitive set upon completion of the PIP.
Property Facts
Amenities
- Fitness Center
- Pool
- Restaurant
- Room Service
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Digital key
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 216 | $182.00 | - |
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