934 N Leavitt Rd | Amherst, OH 44001
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934 N Leavitt Rd
Amherst, OH 44001
Days Inn by Wyndham Amherst · Hospitality Property For Sale
·
42,655 SF
Investment Highlights
- PIP Status: $150K remaining; $120K Wyndham incentives available upon completion.
- 80-room, two-story hotel interior/exterior corridor hotel that includes a managers apartments
- CAP Rate: 11.19% | Revenue Multiplier: 3.3x
- 2023 Revenue: $1,130,953 | REVPAR: $35.53 | NOI: $425,410 (38% Margin)
- Located off Ohio State Route 2 and Interstate-90, 30 miles from Cleveland and Sandusky.
Property Facts
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1972/1987 |
| Building Class | C | Tenancy | Single |
| Lot Size | 2.44 AC | Parking Ratio | 3.72/1,000 SF |
| Building Size | 42,655 SF | Corridor | Interior |
| Zoning | C 2 - Commercial Zoned District | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.44 AC |
| Building Size | 42,655 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1972/1987 |
| Tenancy | Single |
| Parking Ratio | 3.72/1,000 SF |
| Corridor | Interior |
| Zoning | C 2 - Commercial Zoned District |
Amenities
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
Property Taxes
| Parcel Number | 05-00-040-106-109 | Improvements Assessment | $930,927 |
| Land Assessment | $93,002 | Total Assessment | $1,023,929 |
Property Taxes
Parcel Number
05-00-040-106-109
Land Assessment
$93,002
Improvements Assessment
$930,927
Total Assessment
$1,023,929
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