This Hospitality Property is no longer advertised on LoopNet.com.

8779 Georgetown Rd
Cambridge, OH 43725
Microtel Inn & Suites by Wyndham Cambridge · Hospitality Property For Sale · 23,076 SF

Investment Highlights

  • Fee Simple Interest in the Award-Winning, 79-Unit, Interior Corridor, Limited Service Microtel Inn & Suites Built in 2014
  • Long-Term Franchise Agreement with Wyndham Expected Upon the Completion of a Change-in-Ownership PIP
  • ADR Penetration Index of 82% | Upside for Owner-Operator who can Enact Aggressive Sales & Rate Management Strategy
  • 2.42-Acre Site with Frontage on I-70 (41,598 VPD) and Southgate Parkway (22,125 VPD)
  • Alternate Franchises with Potential Incentives may be Available | Possible Sleep Inn & Suites or Country Inn & Suites Conversion
  • Potential SBA 7A or USDA Financing Candidate

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.56 AC
Building Size 23,076 SF
No. Stories 3
Year Built 2014
Parking Ratio 0.87/1,000 SF
Corridor Interior
Zoning C - Commercial

Amenities

  • Business Center
  • Fitness Center
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 07-0000010.001
  • 07-0007899.000
Land Assessment
$121,813
Improvements Assessment
$681,380
Total Assessment
$803,193
  • Listing ID: 30018337

  • Date on Market: 11/9/2023

  • Last Updated:

  • Address: 8779 Georgetown Rd, Cambridge, OH 43725

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