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- LoopNet Team
7820 Capital Blvd
Macedonia, OH 44056
Country Inn & Suites by Radisson, Macedonia · Hospitality Property For Sale
·
21,672 SF

Property Facts
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 2000/2014 |
| Building Class | C | Tenancy | Single |
| Lot Size | 1.14 AC | Parking Ratio | 3/1,000 SF |
| Building Size | 21,672 SF | Corridor | Interior |
| Zoning | Hospitality | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.14 AC |
| Building Size | 21,672 SF |
| No. Stories | 3 |
| Year Built/Renovated | 2000/2014 |
| Tenancy | Single |
| Parking Ratio | 3/1,000 SF |
| Corridor | Interior |
| Zoning | Hospitality |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
About 7820 CAPITAL BLVD , MACEDONIA, OH 44056
The property is a three story interior corridor hotel and is absentee ownership with significant upside through a PIP completion estimated around $400,000 which will increase Occupancy while matching ADR of Comp set to $97. The hotel is expected to reach $1.2M+ in room revenues by Year end 2022 matching historical revenues prior to new ownership in 2019. Upon completion of PIP, the hotel is expected to generate room revenues in excess of $1.35M with an Occupancy of 67% and $97.89 ADR.
Property Taxes
| Parcel Numbers |
Multiple
|
Improvements Assessment | $1,155,067 |
| Land Assessment | $192,399 | Total Assessment | $1,347,466 |
Property Taxes
- 33-03198
- 33-03197
Listing ID: 25693503
Date on Market: 5/12/2022
Last Updated:
Address: 7820 Capital Blvd, Macedonia, OH 44056
The Hospitality Property at 7820 Capital Blvd, Macedonia, OH 44056 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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