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<div style="display: flex; flex-direction: column; margin-top: 0.15rem; width: 200px; height: fit-content; align-items: left;
 justify-content: center; font-family: Inter,sans-serif; ">
 <img src="https://cf.reverecre.com/cdn-cgi/image/w=200,h=undefined,fit=scale-down/https://storage.googleapis.com/revere-user-uploads/project%2F87ea720f-b004-476b-a51d-6f9a3afc15aa%2Febd6c812-e4cf-4a78-acf8-8abbdc71318c" onerror="this.style.display='none'" alt="Holiday Inn/Candlewood Suites - Independence, OH Image" style="object-fit: cover; width: 200px;" />
 Hotel &amp; Hospitality 
 
 Holiday Inn/Candlewood Suites - Independence, OH
 
 Independence, OH 
 By Laurel Real Estate

 <a href="/user/0e024113-a803-481e-ba32-3b4c5b1c486b" style="margin-top: 0.5rem; font-size: 10px; text-decoration: underline;">Lauren D&#39;Souza</a>
 
 Vice President, Hotel Sales
 
 
 <a href="tel:(380) 799-6608" style="margin-top: 0.25rem; font-size: 10px; text-decoration: underline;">(380) 799-6608</a>
 

 <a href="https://platform.reverecre.com/project/87ea720f-b004-476b-a51d-6f9a3afc15aa" target="_blank" style="text-decoration: underline; color: #2E74B3; text-align: left; margin-top: 0.5rem">
 View Listing
 </a>
 </div>

Since 1996, Laurel Real Estate has been Ohio's premier resource for buying or selling a hotel

Lauren D’Souza is a licensed Real Estate Salesperson in the state of Ohio who joined Laurel Real Estate in 2022. As a Senior Associate, she oversees the brokerage’s operations and marketing efforts. Lauren holds two Bachelor’s degrees from Georgetown University as well as a Master’s in Business Administration from Carnegie Mellon University’s Tepper School of Business. In her spare time, she operates a specialty hot sauce company, enjoys Paleo cooking and baking, and is training to be a Registered Yoga Teacher.

Vice President, Hotel Sales

Year built	1974 (HI) / 2020 (CS)	Units	260 (HI) / 91 (CS)
Buildings / Stories	2 buildings 5 stories each	Corridor	Interior
Building	Masonry	HVAC	Individual PTAC units
Roof	Flat, rubber/asphalt	Fire Safety	Wet Sprinklers
Land size	4.79 acres	Elevators	5

Total Room Revenue	$9,222,818	Occupancy (HI / CS)	56.0% / 73.2%
F&B + Other Revenue	$3,708,905	ADR (HI / CS)	$123.90 / $116.57
Total Revenue	$12,931,723	RevPAR (HI / CS)	$69.43 / $85.35
April 2024 TTM NOI	$3,852,740	Capitalization Rate	13.3%

✔ Breakfast Area	✔ Banquet Hall	✔ Meeting Rooms
✔ Exercise Room	✔ Indoor Pool	✔ Onsite Bar/Restaurant

Holiday Inn/Candlewood Suites - Independence, OH

Holiday Inn & Candlewood Suites -
Independence, OH

$29,000,000

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