804 S Leonard Ave | Lima, OH 45804
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- LoopNet Team
804 S Leonard Ave
Lima, OH 45804
Country Inn & Suites by Radisson, Lima · Hospitality Property For Sale
·
42,354 SF
INVESTMENT HIGHLIGHTS
- Strong Financial Performance – The property generated $1.65M in total revenue and $614K in NOI (37.3% margin) in 2024, reflecting efficient operations
- Prime Location – Strategically positioned off I-75, ensuring high visibility and accessibility for business and leisure travelers.
- Operating Metrics – The hotel achieved a 69.7% occupancy rate, $87.51 ADR, and $61.02 RevPAR in 2024, demonstrating rate stability and strong demand
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 2007/2019 |
| Building Class | B | Parking Ratio | 1.72/1,000 SF |
| Lot Size | 2.67 AC | Corridor | Interior |
| Building Size | 42,354 SF | ||
| Zoning | Commercial - Commercial Zoned District | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.67 AC |
| Building Size | 42,354 SF |
| No. Stories | 3 |
| Year Built/Renovated | 2007/2019 |
| Parking Ratio | 1.72/1,000 SF |
| Corridor | Interior |
| Zoning | Commercial - Commercial Zoned District |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,000,130 | |
| Land Assessment | $219,670 | Total Assessment | $1,219,800 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$219,670
Improvements Assessment
$1,000,130
Total Assessment
$1,219,800
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