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Quality Inn and Conference Center 383 E Leffel Ln 150 Room Hotel Springfield, OH 45505 $6,399,990 ($42,667/Room)



Executive Summary
Seize a remarkable hospitality investment with the Quality Inn & Conference Center by Choice Hotels, strategically located at 383 E Leffel Ln, Springfield, OH 45505. Offered at a competitive list price of $6,399,990—representing an attractive $42,667 per key and just $62.81 per square foot—this expansive commercial asset provides a robust footprint for high-yield hospitality operations. Originally constructed in 1972 and significantly renovated in 2010, the two-story property spans 101,898 square feet of building space situated on a massive 7.03-acre lot zoned Type 410. The hotel features a generous inventory of 150 rooms, utilizing comfortable king and double-queen layouts perfectly suited for business travelers, families, and tour groups alike. Beyond standard accommodations, the property delivers an array of premium, revenue-generating amenities, including versatile conference facilities, a dedicated breakfast buffet area, a large indoor pool pavilion, and a lively on-site lounge equipped with billiards and custom murals. Logistical success is built right into the infrastructure with a stellar parking ratio of 1.61 spaces per room, totaling 241 dedicated spaces to effortlessly handle large-scale events and high occupancy. Positioned in a visible regional corridor, the property taps into a strong local economy with a 5-mile radius population of 68,544 and an average household income reaching $71,645, ensuring a resilient baseline of regional demand
Property Facts
| Price | $6,399,990 | Building Size | 101,898 SF |
| Price Per Room | $42,667 | No. Rooms | 150 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1972/2010 |
| Property Subtype | Hotel | Parking Ratio | 2.37/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 7.03 AC | ||
| Zoning | 410 - 410 | ||
| Price | $6,399,990 |
| Price Per Room | $42,667 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 7.03 AC |
| Building Size | 101,898 SF |
| No. Rooms | 150 |
| No. Stories | 2 |
| Year Built/Renovated | 1972/2010 |
| Parking Ratio | 2.37/1,000 SF |
| Corridor | Interior |
| Zoning | 410 - 410 |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Hot Tub
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 150 | $91.00 | - |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 30-50700-03220-0012 | Improvements Assessment | $1,433,800 |
| Land Assessment | $282,960 | Total Assessment | $1,716,760 |
Property Taxes
Parcel Number
30-50700-03220-0012
Land Assessment
$282,960
Improvements Assessment
$1,433,800
Total Assessment
$1,716,760
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Quality Inn and Conference Center | 383 E Leffel Ln

