1021 Cleveland Rd
Sandusky, OH 44870
Rodeway Inn North Cedar Point · Hospitality Property For Sale
·
64 Rooms
Property Facts
| Property Type | Hospitality | No. Rooms | 64 |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | C | Year Built | 1975 |
| Lot Size | 0.98 AC | Parking Ratio | 4.42/1,000 SF |
| Building Size | 16,500 SF | Corridor | Exterior |
| Zoning | GB - Allows for a wide range of commercial uses such as retail stores, restaurants, offices, etc. | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.98 AC |
| Building Size | 16,500 SF |
| No. Rooms | 64 |
| No. Stories | 2 |
| Year Built | 1975 |
| Parking Ratio | 4.42/1,000 SF |
| Corridor | Exterior |
| Zoning | GB - Allows for a wide range of commercial uses such as retail stores, restaurants, offices, etc. |
Amenities
- Pool
- Restaurant
- On-Site Bar
About 1021 CLEVELAND RD , SANDUSKY, OH 44870
Thank you for your inquiry on the Rodeway Inn in Sandusky, Ohio. The 64-unit property is a great opportunity for a hands-on operator to add value by bringing the property into full-time operation and increasing the revenue. As it stands, the property is offered at 3.1x the current revenue of $397,706. Sandusky is located midway between Toledo and Cleveland, and also convenient to Columbus, Pittsburg, and Fort Wayne. The hotels in Sandusky service visitors of the "Best Amusement Park", Cedar Point, located just a 6 minute drive from the property. Offering a variety of room types for families and travelers of all ages, the Rodeway is an attractive lodging option. This is a great opportunity to get into the hospitality market and continue part-time operations or ramp up the revenue to realize the full potential. In cooperation with D'Amico Agency Realtors (OH Lic# 177679)
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 3 | $115.00 | - |
| Guest Room | 61 | $74.00 | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $252,528 | |
| Land Assessment | $22,214 | Total Assessment | $274,742 |
Property Taxes
