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5051 W Creek Rd
Independence, OH 44131
Courtyard Cleveland Independence · Hospitality Property For Sale
·
83,925 SF
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 5 |
| Property Subtype | Hotel | Year Built | 1997 |
| Building Class | B | Tenancy | Single |
| Lot Size | 3.09 AC | Parking Ratio | 1.18/1,000 SF |
| Building Size | 83,925 SF | Corridor | Interior |
| Zoning | U5HRMU | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.09 AC |
| Building Size | 83,925 SF |
| No. Stories | 5 |
| Year Built | 1997 |
| Tenancy | Single |
| Parking Ratio | 1.18/1,000 SF |
| Corridor | Interior |
| Zoning | U5HRMU |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- On-Site Retail
- Meeting Event Space
ABOUT 5051 W CREEK RD , INDEPENDENCE, OH 44131
Fee simple interest in the lender controlled, institutionally owned, and Marriott managed 154-room Courtyard Cleveland Independence. Property offered for individual sale in the April 3rd auction, as part of a larger ten property distressed portfolio sale that lender took control of in September 2018. Steel frame constructed asset will trade a steep discount to replacement cost. Marriott managed asset allowing for passive yield with core-branded upscale select-serve ‘Best in Class’ Courtyard flag. Walking distance to numerous nationally recognized full-service restaurants. Readily accessible via Interstate-77 with upwards of 100,000 vehicles passing the location daily. Proximate to all south Cleveland area demand and core Independence area office corridor including being walking distance from Cleveland Clinic Family Health Center, Aerotek, and TEK Systems. Proximate to all broader Cleveland area demand including downtown Cleveland, Quicken Loans Arena, FirstEnergy Stadium, Progressive Field, Rock and Roll Hall of Fame, and the Cleveland Hopkins International Airport. *This property is offered for individual sale and is part of a larger portfolio. Please go to the following links to view these other investment opportunities for more information and to register: Springhill Suites Cincinnati Northeast Courtyard Toledo Maumee Courtyard Toledo Rossford TownePlace Suites Cincinnati Blue Ash TownePlace Suites Columbus Worthington TownePlace Suites Cincinnati Northeast TownPlace Suites Columbus Gahanna Courtyard Cleveland Airport North Springhill Suites Columbus Airport Gahanna Property Listed By: Ten-X, Lee Leslie Ohio RE Broker REC.2016000481 / (800) 841-9112
PROPERTY TAXES
| Parcel Number | 561-19-006 | Improvements Assessment | $4,128,740 |
| Land Assessment | $376,495 | Total Assessment | $4,505,235 |
PROPERTY TAXES
