Spark by Hilton South Point 70 Private Road 302 150 Room Hotel South Point, OH 45680 $4,999,000 ($33,327/Room)



EXECUTIVE SUMMARY
*********** Hotel is NOT open, it has approved plans to be converted into a Spark************
Introducing a New Investment Opportunity! New hotel with approved plans to be converted into a Spark-Hilton South Point, is a prime investment opportunity located at 70 Private Drive 302, South Point, OH 45680. This 32,369 SF property sits on a sprawling 5.49-acre lot and features 142 well-appointed rooms. With a successful year of renovations completed in 2012, this establishment exudes modernity while retaining its classic charm from the 1968 construction. Strategically positioned, Spark-Hilton South Point boasts a thriving demographic environment. Within 3 miles, the 2023 median household income is $66,687, with a population of 4,209, offering a lucrative market for hospitality services. Whether you seek to expand your investment portfolio or step into the hospitality industry, this property presents an exceptional opportunity. Don't miss out - invest in the Spark-Hilton South Point today. [Hotel is NOT open, it has plans to convert into a Spark in the FUTURE].
Introducing a New Investment Opportunity! New hotel with approved plans to be converted into a Spark-Hilton South Point, is a prime investment opportunity located at 70 Private Drive 302, South Point, OH 45680. This 32,369 SF property sits on a sprawling 5.49-acre lot and features 142 well-appointed rooms. With a successful year of renovations completed in 2012, this establishment exudes modernity while retaining its classic charm from the 1968 construction. Strategically positioned, Spark-Hilton South Point boasts a thriving demographic environment. Within 3 miles, the 2023 median household income is $66,687, with a population of 4,209, offering a lucrative market for hospitality services. Whether you seek to expand your investment portfolio or step into the hospitality industry, this property presents an exceptional opportunity. Don't miss out - invest in the Spark-Hilton South Point today. [Hotel is NOT open, it has plans to convert into a Spark in the FUTURE].
PROPERTY FACTS
Price | $4,999,000 |
Price Per Room | $33,327 |
Sale Type | Investment |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 5.49 AC |
Building Size | 32,369 SF |
No. Rooms | 150 |
No. Stories | 4 |
Year Built/Renovated | 1968/2012 |
Tenancy | Single |
Parking Ratio | 4.85/1,000 SF |
Corridor | Interior |
Zoning | B-4 |
AMENITIES
- Fitness Center
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Digital key
ROOM MIX INFORMATION
DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
---|---|---|---|
Suite | 51 | $133.00 | - |
Guest Room | 99 | $101.00 | - |
1 of 1
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $260,150 | |
Land Assessment | $138,580 | Total Assessment | $398,730 |