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445 E Alexis Rd
Toledo, OH 43612
Quality Inn Alexis Rd · Hospitality Property For Sale
·
42,395 SF
Investment Highlights
- Recently Renovated: Major renovations completed between 2021-2023.
- Development Boost: Over $1 billion is being invested in downtown development in 2024, including the $200 million renovation of the Nicholas and Spitze
- Strong NOI Margin: Achieved a 39.2% NOI margin in 2023.
Property Facts
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1987/2023 |
| Building Class | B | Tenancy | Single |
| Lot Size | 1.99 AC | Parking Ratio | 1.05/1,000 SF |
| Building Size | 42,395 SF | Corridor | Interior |
| Zoning | CR, Toledo - Commercial-Regional, which permits a wide range of high-intensity business, retail, and service activities that serve the broader region. | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.99 AC |
| Building Size | 42,395 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1987/2023 |
| Tenancy | Single |
| Parking Ratio | 1.05/1,000 SF |
| Corridor | Interior |
| Zoning | CR, Toledo - Commercial-Regional, which permits a wide range of high-intensity business, retail, and service activities that serve the broader region. |
Amenities
- Business Center
- Fitness Center
- High Speed Internet Access
- Patio
- Public Access Wifi
Property Taxes
| Parcel Number | 22-43451 | Improvements Assessment | $1,035,300 |
| Land Assessment | $40,950 | Total Assessment | $1,076,250 |
Property Taxes
Parcel Number
22-43451
Land Assessment
$40,950
Improvements Assessment
$1,035,300
Total Assessment
$1,076,250
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